Litecoin Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin (CRYPTO: LTC) has seen a price decrease of 3.32% over the past 24 hours, continuing a weekly downward trend of -4.0%. The trading volume has decreased by 29.0%, while the circulating supply has increased by 0.4%. Litecoin's current market cap is $5.16 billion, ranking it 19th.
December 18, 2023 | 3:03 pm
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NEGATIVE IMPACT
Litecoin (LTC) has experienced a 3.32% price drop in the last 24 hours and a 4% decrease over the past week, with a significant 29% drop in trading volume.
The price decrease and the significant drop in trading volume suggest a bearish short-term sentiment among investors, which could lead to further price declines in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100