Litecoin Drops 10.65% to Hit 52-Week Low as Market Cap Sheds $2B

Litecoin was trading at $64.470 by 20:04 (00:04 GMT) on the Investing.com Index on Friday, down 10.65% on the day. It was the largest one-day percentage loss

Litecoin price fell by more than 10% on Friday evening, marking its sharpest one-day decline since mid-April.

Litecoin was trading at $64.470 by 20:04 (00:04 GMT) on the Investing.com Index, down 10.65% on the day.

The drop pushed Litecoin's market cap down to $4.880B, or 0.23% of the total cryptocurrency market cap. At its highest, Litecoin's market cap stood at $25.609B.

In the past seven days, Litecoin saw a decline of 10.68%.

Over the past 24 hours, Litecoin had traded in a range of $64.448 to $65.523. In the past seven days, Litecoin price varied from a low of $64.4481 to a high of $76.7572.

At its current price, Litecoin is still down 84.65% from its all-time peak of $420.00 on December 12, 2017.

Other crypto price movements

Bitcoin price on the Investing.com Index was last at $56,899.1, down 5.48% on the day.

While Ethereum was trading at $3,047.47 on the Investing.com Index, indicating a loss of 7.52%.

Bitcoin's market cap was last at $1,123.569B, or 53.75% of the total cryptocurrency market cap, while Ethereum's market cap stood at $368.069B, or 17.61% of the total cryptocurrency market value.

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