Litecoin Sinks to Lowest Price in 7 Months

in crypto •  6 years ago 

Litecoin's (LTC) price hit a seven-month low on Friday as the cryptocurrency markets turned risk-averse.

The world's sixth largest cryptocurrency by market capitalization fell to $84.39 at 14:00 UTC – its lowest level since November 29, At press time, LTC is the third-biggest loser among top 10 cryptocurrencies by market capitalization and is reporting a 13.26 percent week-on-week drop, according to CoinMarketCap.

Further, its market capitalization stands at $4.88 billion, the lowest level since December 1.

Other major cryptocurrencies are also flashing red. Names like ethereum (ETH), cardano (ADA), bitcoin cash (BCH) have depreciated by at least 10 percent each. Meanwhile, EOS is down 15.7 percent and is the biggest loser among top 10 cryptocurrencies by market capitalization.

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6 years ago by

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      ·  6 years ago 

    Coins mentioned in post:

    CoinPrice (USD)📉 24h📉 7d
    ADACardano0.142$-10.6%-14.38%
    BCHBitcoin Cash768.621$-12.02%-11.19%
    EOSEOS8.843$-14.94%-18.49%
    ETHEthereum476.942$-9.64%-4.28%
    LTCLitecoin86.049$-11.08%-12.27%

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