Litecoin Drops 12.49% to $56.641, Its Biggest One-Day Loss Since April 12

Litecoin was trading at $56.641 by 21:10 (01:10 GMT) on the Investing.com Index on Monday, down 12.49% on the day. It was the largest one-day percentage loss since April 12.

Litecoin price fell by 12.49% on Monday evening, making it the largest one-day percentage loss since April 12. Litecoin was last at $56.641 on the Investing.com Index at 21:10 (01:10 GMT), after hitting a high of $62.558 and a low of $56.388 in the previous twenty-four hours.

The move brought Litecoin's market cap down to $4.462 billion, or 0.23% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $25.609 billion.

Over the past seven days, Litecoin has seen a drop in value, as it lost 16.95%. Litecoin had traded in a range of $56.3884 to $74.5485 in the past 7 days.

At its current price, Litecoin is still down 86.51% from its all-time high of $420.00 set on December 12, 2017.

Cryptocurrencies fell sharply on Monday evening, with Bitcoin and Ethereum both dropping by double digits after hitting record highs last week.

Bitcoin price fell by 9.17% on Monday evening, after hitting a new all-time high of $64,895.2 on the Investing.com Index earlier in the day. Bitcoin was last at $54,701.4 on the Investing.com Index at 21:10 (01:10 GMT).

Ethereum price fell by 19.83% on Monday evening, after hitting a new all-time high of $3,440.29 on the Investing.com Index earlier in the day. Ethereum was last at $2,336.45 on the Investing.com Index at 21:10 (01:10 GMT).

Bitcoin's market cap was last at $1,105.922 billion or 56.04% of the total cryptocurrency market cap, while Ethereum's market cap totaled $301.107 billion or 15.26% of the total cryptocurrency market value.

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