Cryptocurrency Litecoin's Price Increased More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin (CRYPTO: LTC) has seen a 4.61% increase in price over the last 24 hours, reaching $74.09, continuing a positive trend with a 7.0% gain over the past week from $69.59. The coin's all-time high is $410.26. Trading volume has surged by 87.0% over the past week, and the circulating supply has slightly increased to over 74.25 million, representing 88.4% of its max supply. Litecoin's market cap ranking is now #22 at $5.50 billion.
February 27, 2024 | 7:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Litecoin's price has increased by 4.61% in the last 24 hours to $74.09, with a 7.0% gain over the past week. The trading volume surged by 87%, and the circulating supply has slightly increased.
The significant increase in Litecoin's price and trading volume over the past week indicates a strong market interest and positive momentum for the cryptocurrency. The slight increase in circulating supply is also a positive sign of growth and stability. Given these factors, the short-term impact on LTCUSD is likely to be positive, reflecting continued investor interest and potential for further gains.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100