Litecoin Surges to 10% Daily Gain, Reaches Highest Since February
Litecoin Sees Significant Price Surge
Litecoin's price surged to $128.403, marking a 10.04% daily gain, its largest since February 10. This upward movement has pushed its market cap to $9.723 billion, representing 0.30% of the total cryptocurrency market.
Recent Performance and Market Context
In the past 24 hours, Litecoin traded between $117.950 and $131.950. Over the last seven days, it has risen by 29.07%, with a trading volume of $1.911 billion, accounting for 1.97% of the total cryptocurrency volume.
Despite its recent gains, Litecoin remains 69.43% below its all-time high of $420.00, recorded on December 12, 2017.
Broader Cryptocurrency Market Trends
Bitcoin and Ethereum also saw positive movements. Bitcoin rose 0.46% to $98,133.4, while Ethereum gained 2.50% to $2,710.02. Bitcoin's market cap dominates at $1,947.530 billion (60.09% of the total market), followed by Ethereum at $327.302 billion (10.10%).
This recent surge in Litecoin's price highlights its volatility and potential for short-term gains in the cryptocurrency market.
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