Cryptocurrency Litecoin Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin (LTC) has experienced a 3.6% price drop in the last 24 hours, continuing a slight downward trend over the past week. Trading volume has decreased by 7%, while circulating supply increased by 0.12%.
October 31, 2024 | 3:04 pm
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NEGATIVE IMPACT
Litecoin's price has dropped 3.6% in the last 24 hours, with a decrease in trading volume and a slight increase in circulating supply.
The 3.6% price drop in Litecoin, along with decreased trading volume, suggests a negative short-term sentiment. The increase in circulating supply may also contribute to downward pressure on price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100