Cryptocurrency Litecoin Up More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin (CRYPTO: LTC) has seen a 5.9% increase in price over the last 24 hours, reaching $87.99, with an 8.0% increase over the past week from $81.1. The coin's all-time high is $410.26. Trading volume decreased by 2.0% over the past week, and the circulating supply dropped by 0.05% to over 74.47 million, making up 88.65% of its max supply. Litecoin's market cap ranks it #21 at $6.56 billion.
April 26, 2024 | 3:00 pm
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POSITIVE IMPACT
Litecoin's price increased by 5.9% in the last 24 hours to $87.99, with an overall 8% increase over the past week. The trading volume has seen a slight decrease of 2%, and the circulating supply has marginally decreased by 0.05%.
The increase in Litecoin's price over the past 24 hours and week indicates a positive short-term momentum for LTCUSD. The slight decrease in trading volume and circulating supply might not significantly impact this positive trend, given the substantial price increase and the coin's ranking improvement. The overall market perception of Litecoin appears bullish in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100