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

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Investing.com – was trading at $ 33.260 for 03.17 (08:17 GMT) in the Investing.com Index on Wednesday, up 10.18% on the day. It was the biggest percentage gain of one day since September 27th.

The move upward pushed Litecoin's market capitalization up to $ 1,956B, equivalent to 1.48% of the total capitalization of the cryptocurrency. At its peak, Litecoin's market capitalization was $ 14.099 billion.

Litecoin had been trading between $ 30.981 and $ 33.629 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a stagnation in value, as it has only moved 1.97%. The volume of Litecoin exchanged during the twenty-four hours at the time of writing was $ 501.837 million or 2.72% of the total volume of all cryptocurrencies. It has traded in a range of $ 27.6688 to $ 35.5350 in the last 7 days.

At its current price, Litecoin is still down 92.08% from the historic high of $ 420.00 set December 12, 2017.

Elsewhere in cryptocurrency trading

it was the latest at $ 4,074.3 in the Investing.com Index, up 8.04% on the day.

was trading at $ 0.37889 on the Investing.com Index, with a 7.16% gain.

Bitcoin market capitalization amounted to $ 70.539 billion, equal to 53.25% of the total capitalization of the cryptocurrency, while the market capitalization of XRP reached $ 15.236 billion or 11.50% of the market value total cryptocurrency.

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