Cryptocurrency Litecoin Up More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin (LTC) has seen a price increase of 6.49% in the past 24 hours, reaching $75.4. Over the past week, it has risen by over 5.0%. Despite the price increase, trading volume has decreased by 3.0%, and the circulating supply has fallen by 0.2%. The current market cap is $5.65 billion, ranking it #21.
July 29, 2024 | 3:00 pm
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Litecoin (LTC) has experienced a significant price increase of 6.49% in the past 24 hours, reaching $75.4. Over the past week, it has risen by over 5.0%. However, trading volume has decreased by 3.0%, and the circulating supply has fallen by 0.2%. The current market cap is $5.65 billion, ranking it #21.
The significant price increase in Litecoin (LTC) over the past 24 hours and week indicates positive market sentiment. However, the decrease in trading volume and circulating supply may temper the bullish outlook slightly. Overall, the short-term impact on LTCUSD is likely to be positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100