Cryptocurrency Litecoin Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin (CRYPTO: LTC) has seen a decrease of 3.17% in the last 24 hours, bringing its price down to $68.93, despite a 1.0% gain over the past week. The trading volume and circulating supply have also decreased, with the current market cap ranking at #22.
February 20, 2024 | 7:02 pm
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Litecoin's price has decreased by 3.17% in the last 24 hours to $68.93, with a 1.0% gain over the past week. The trading volume and circulating supply have decreased.
The decrease in Litecoin's price over the last 24 hours, coupled with a reduction in trading volume and circulating supply, suggests a negative short-term impact on its valuation. Despite a slight gain over the past week, the immediate price drop and decreased liquidity could deter investors, leading to a potential further decrease in price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100