Cryptocurrency Litecoin Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin (CRYPTO: LTC) has seen a 3.74% increase in its price over the last 24 hours, reaching $94.24. This is part of a positive trend over the past week, with a 9.0% gain from $81.2. Despite a 45.0% decrease in trading volume over the week, the circulating supply has slightly increased. Litecoin's market cap ranks it 24th at $6.95 billion.
March 26, 2024 | 7:02 pm
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POSITIVE IMPACT
Litecoin's price has increased by 3.74% in the last 24 hours, reaching $94.24, and has gained 9.0% over the past week.
The increase in Litecoin's price over the past 24 hours and the past week indicates a positive short-term trend for the cryptocurrency. Despite a significant drop in trading volume, the increase in circulating supply and the coin's performance suggest growing investor confidence and potential for further gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100