Litecoin Jumps 10% to See Its Biggest One-Day Gain Since August 8

Litecoin was trading at $61.543 by 19:08 (23:08 GMT) on the Investing.com Index on Thursday, up 10.02% on the day.

Litecoin price rose on Thursday evening, surging by 10.02% to reach $61.543 by 19:08 (23:08 GMT) on the Investing.com Index. It was the largest one-day percentage gain since August 8.

The move saw Litecoin's market cap rise to $4.627B, or 0.24% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $25.609B.

Litecoin had traded in a range of $55.254 to $61.906 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 11.35%. The volume of Litecoin traded in the twenty-four hours to the time of writing was $290.060M or 0.12% of the total volume of all cryptocurrencies. It has traded in a range of $50.3129 to $69.9532 in the past 7 days.

At its current price, Litecoin is still down 85.35% from its all-time high of $420.00 set on December 12, 2017.

Cryptocurrencies were rallying on Thursday evening, with Bitcoin and Ethereum both adding more than 13% to their value in the past 24 hours.

Bitcoin price was last up by 13.04% at $62,473.5 on the Investing.com Index, while Ethereum surged by 15.12% to reach $2,711.17 on the Investing.com Index.

Bitcoin's market cap was last at $1,232.144B or 64.68% of the total cryptocurrency market cap, while Ethereum's market cap totaled $327.346B or 17.18% of the total cryptocurrency market value.

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