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Litecoin Plummets to 10.32% Daily Loss Amid Cryptocurrency Market Downturn

Litecoin suffered its largest one-day percentage loss since March 3, dropping 10.32% to $113.70. Its market cap fell to $8.62B, while Bitcoin and Ethereum also saw declines.
Published on 2025-03-03

Litecoin's Sharp Decline

Litecoin experienced a significant downturn on Monday, trading at $113.70 on the Investing.com Index, marking a 10.32% drop—the largest single-day loss since March 3. This downward movement reduced its market cap to $8.62B, representing just 0.29% of the total cryptocurrency market.

Over the past 24 hours, Litecoin fluctuated between $112.95 and $130.07. The coin has also struggled over the past week, losing 6.64% of its value. Trading volume for Litecoin reached $2.05B in the last 24 hours, accounting for 0.95% of the total cryptocurrency volume.

Despite its current price, Litecoin remains 72.93% below its all-time high of $420.00, achieved on December 12, 2017.

Broader Cryptocurrency Market Trends

The cryptocurrency market saw widespread declines, with Bitcoin and Ethereum also posting losses. Bitcoin fell 1.20% to $90,182.6, while Ethereum dropped 6.32% to $2,288.41.

Bitcoin’s market cap stood at $1,791.39B, accounting for 60.15% of the total cryptocurrency market. Ethereum’s market cap was $275.75B, representing 9.26% of the total market value.

The recent downturn highlights the ongoing volatility in the cryptocurrency market, with major coins experiencing significant price swings.

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