- Litecoin dropped 11.18% to $114.16, marking its biggest one-day loss since February 24, 2025.
- Litecoin’s market cap fell to $9.11 billion, with the coin down 72.82% from its all-time high of $420.00.
Litecoin (LTC) fell sharply on Monday, losing 11.18% and trading at $114.16 by early morning. This marks the biggest one-day percentage loss since February 24, 2025. The drop sent Litecoin’s market cap down to $9.11 billion, making up just 0.48% of the total crypto market.
Over the last 24 hours, LTC fluctuated between $114.04 and $130.38. The sell-off follows a broader market decline, with investors reacting to volatility across major cryptocurrencies.
Weekly Performance Paints a Grim Picture
Litecoin’s struggles extend beyond a single day. Over the past week, LTC has slipped by 2.57%. Trading volume hit $976.41 million in the last 24 hours, accounting for 0.41% of the total crypto market volume. Throughout the week, LTC traded between $114.04 and $139.87, showing significant volatility.
Despite temporary gains in recent months, Litecoin remains far from its all-time high of $420.00, set back on December 12, 2017. At its current price, LTC is down a staggering 72.82% from that peak.
Bitcoin and Ethereum Also See Red
Litecoin’s drop mirrors losses across the crypto market. Bitcoin, the largest cryptocurrency, was down 2.46%, trading at $93,505.2. Its market cap stood at $1.87 trillion, dominating 98% of the total crypto market.
Ethereum didn’t fare much better. ETH slipped 7.60% to $2,590.74, with a market cap of $319.23 billion—about 16.76% of the total market value. The widespread downturn signals caution among investors amid economic uncertainty and market-wide corrections.
What’s Next for Litecoin?
Litecoin’s sharp decline raises questions about its short-term outlook. With market sentiment leaning bearish, traders may see further volatility. Key support lies at the $110 mark, while resistance hovers near $130.
Investors should keep an eye on broader market trends, as Bitcoin and Ethereum’s movements often dictate altcoin performance. For now, caution remains the name of the game.
