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Litecoin Falls More Than 5% In 24 hours

October 12, 2021 10:50 am
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Litecoin Falls More Than 5% In 24 hours

Over the past 24 hours, Litecoin’s (CRYPTO: LTC) price has fallen 5.77% to $172.37. This continues its negative trend over the past week where it has experienced a 2.0% loss, moving from $172.15 to its current price.

The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

price_chart

Litecoin’s trading volume has climbed 7.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.66%. This brings the circulating supply to 68.73 million, which makes up an estimated 81.83% of its max supply of 84.00 million. According to our data, the current market cap ranking for LTC is #17 at 11.89 billion.

supply_and_vol

Where Can You Buy Litecoin?

If you are interested in purchasing Litecoin or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.

Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.

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