Litecoin's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin's (CRYPTO: LTC) price has increased by 3.76% over the past 24 hours to $64.24, and by over 2.0% over the past week. The trading volume for the coin has increased by 107.0% over the past week, while the overall circulating supply has decreased by 0.33%. The current market cap ranking for LTC is #15 at $4.71 billion.
October 16, 2023 | 7:00 pm
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Litecoin's price has increased by 3.76% over the past 24 hours and by over 2.0% over the past week. The trading volume has increased by 107.0% over the past week, indicating increased interest in the asset.
The increase in Litecoin's price and trading volume indicates a positive sentiment among investors. The decrease in circulating supply could also be contributing to the price increase, as it reduces the available supply while demand is increasing.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100