Litecoin Surges 10.22% to $104.30, Posts Largest Daily Gain Since February
Litecoin's Recent Performance
Litecoin experienced a significant surge, trading at $104.30 on the Investing.com Index, reflecting a 10.22% increase. This marked its largest single-day gain since February 10. The cryptocurrency's market cap climbed to $7.62B, representing 0.23% of the total crypto market cap. Over the past 24 hours, Litecoin fluctuated between $100.54 and $104.37.
Market Context and Comparisons
Bitcoin was last seen at $103,078.3, up 0.25%, with a market cap of $2,045.33B, dominating 62.64% of the crypto market. Ethereum, trading at $2,352.45, rose 6.79%, with a market cap of $283.21B, or 8.67% of the total market value.
Litecoin's Recent Gains and Long-Term Outlook
Litecoin has seen a 14.14% increase over the past week, with a 24-hour trading volume of $830.46M. Despite recent gains, it remains 75.17% below its all-time high of $420.00 set in December 2017.
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