Litecoin Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin's (CRYPTO: LTC) price has decreased by 4.73% over the past 24 hours to $64.4, continuing its downward trend over the past week. The trading volume of Litecoin has increased by 45.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.06%. The current market cap ranking for LTC is #15 at $4.73 billion.
August 31, 2023 | 7:00 pm
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NEGATIVE IMPACT
Litecoin's price has decreased by 4.73% over the past 24 hours, indicating a negative short-term impact on its price.
The decrease in Litecoin's price over the past 24 hours and the past week indicates a negative short-term impact on its price. The increase in trading volume suggests that there is a high level of activity and interest in Litecoin, which could potentially influence its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100