Cryptocurrency Litecoin Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin's price has decreased by 3.97% in the last 24 hours, contrasting with a 2% gain over the past week. Trading volume increased by 16%, while circulating supply slightly decreased. Litecoin's market cap is ranked #23 at $4.81 billion.
August 20, 2024 | 7:00 pm
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NEGATIVE IMPACT
Litecoin's price dropped by 3.97% in the last 24 hours, despite a weekly gain of 2%. Increased trading volume and a slight decrease in circulating supply were noted.
The 3.97% price drop in 24 hours indicates a negative short-term sentiment, despite a positive weekly trend. Increased trading volume suggests heightened interest or volatility, while a slight decrease in circulating supply could impact price dynamics.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100