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Cryptocurrency Litecoin's Price Increased More Than 4% Within 24 hours

Published 27/02/2024, 19:02
© Reuters.  Cryptocurrency Litecoin's Price Increased More Than 4% Within 24 hours
LTC/USD
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Benzinga - by Benzinga Insights, Benzinga Staff Writer.

Over the past 24 hours, Litecoin's (CRYPTO: LTC) price has risen 4.61% to $74.09. This continues its positive trend over the past week where it has experienced a 7.0% gain, moving from $69.59 to its current price. As it stands right now, the coin's all-time high is $410.26.

The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has increased 87.0% over the past week while the overall circulating supply of the coin has increased 0.02% to over 74.25 million which makes up an estimated 88.4% of its max supply, which is 84.00 million. The current market cap ranking for LTC is #22 at $5.50 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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