Litecoin Surges 12.76% Amidst Broader Cryptocurrency Rally
Litecoin Sees Significant Gains
Litecoin surged 12.76% to $71.94 on Tuesday, marking its largest one-day percentage gain since January 15. This upward momentum pushed its market cap to $5.46B, representing 0.22% of the total cryptocurrency market. Despite this rally, Litecoin remains 82.87% below its all-time high of $420.00, set in December 2017.
Over the past 24 hours, Litecoin traded between $70.21 and $72.86, with a 7-day trading range of $63.5100 to $88.4886. Its 24-hour trading volume reached $994.04M, accounting for 0.52% of the total cryptocurrency volume.
Bitcoin and Ethereum Also Rise
Bitcoin climbed 6.56% to $79,714.4, while Ethereum gained 10.69% to $1,584.54. Bitcoin's market cap dominated at $1,584.24B, representing 62.63% of the total cryptocurrency market, while Ethereum's market cap stood at $191.87B, or 7.59% of the total.
The broader cryptocurrency market showed strength, with Litecoin's rally highlighting investor interest in altcoins amid the sector's volatility.
What is Coinefficiency?
Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.
Why Use Coinefficiency?
- Advanced market analytics to identify trading opportunities.
- Compare markets relative performance.
- Understand market cycles over time. See market levels.
- Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.
With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.
Get Started with Coinefficiency
Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.