Litecoin Climbs 11% As Investors Gain Confidence

Litecoin was trading at $55.410 by 08:09 (13:09 GMT) on the Investing.com Index on Wednesday, up 11.17% on the day. It was the largest one-day percentage gain since March 5.

The move upwards pushed Litecoin‘s market cap up to $3.373B, or 2.54% of the total cryptocurrency market cap. At its highest, Litecoin‘s market cap was $14.099B.

Litecoin had traded in a range of $51.544 to $56.514 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a rise in value, as it gained 21.41%. The volume of Litecoin traded in the twenty-four hours to time of writing was $2.391B or 6.71% of the total volume of all cryptocurrencies. It has traded in a range of $44.9719 to $56.5136 in the past 7 days.

At its current price, Litecoin is still down 86.81% from its all-time high of $420.00 set on December 12, 2017./investing.com

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