Litecoin rises by 10% as investors gain confidence from Investing.com

Investing.com – was trading at $ 31,980 at 5:00 pm (22:00 GMT) of the Investment Index on Thursday, up 10.05% on the day. It was the biggest percentage gain of one day since December 20th.

The upward movement pushed Litecoin's market capitalization up to $ 1.912 billion, or 1.46% of the total capitalization of the cryptocurrency. At its peak, Litecoin's market capitalization was $ 14.099 billion.

Litecoin had been trading between $ 28.854 and $ 32.936 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen an increase in value, as it has gained 34.71%. The volume of Litecoin exchanged during the twenty-four hours at the time of writing was 772.788 million dollars or 3.05% of the total volume of all cryptocurrencies. It has been trading in a range of $ 22.6101 to $ 32.9360 in the last 7 days.

At the current price, Litecoin is still down 92.39% from the historic high of $ 420.00 on 12 December 2017.

Elsewhere in cryptocurrency trading

it was the last at $ 3,994.0 in the Investing.com Index, up 8.15% on the day.

was trading at $ 0.37055 on the Investing.com index, with a 6.52% gain.

Bitcoin market capitalization amounted to $ 70.204 billion or 53.55% of the total capitalization of the cryptocurrency, while the market capitalization of XRP amounted to $ 15.081 billion, equivalent to 11.50% of the value total market for cryptocurrency.