Litecoin Falls 11% In Rout

Litecoin experienced a significant 11% drop in value on Saturday, with its price falling to $44.46 by 15:55 (20:55 GMT). This was the largest one-day percentage loss for Litecoin since February 5, and it pushed the cryptocurrency's market cap down to $3.51 billion, accounting for 0.16% of the total cryptocurrency market cap. At its peak, Litecoin's market cap stood at $25.61 billion.

During the previous 24 hours, Litecoin's price ranged between $44.34 and $49.60. Over the past week, the cryptocurrency has seen a decline of 13.35% in value. The trading volume for Litecoin in the last 24 hours was $269.44 million, which represents 0.32% of the total volume of all cryptocurrencies. In the past week, Litecoin traded within a range of $44.3379 and $52.3366.

As of the current price, Litecoin remains down 89.41% from its all-time high of $420.00, which was reached on December 12, 2017. Meanwhile, Bitcoin was last recorded at $64,762.3, down 5.98% on the day. Ethereum was trading at $1,786.61, marking an 8.29% decline. Bitcoin's market cap was last at $1,316.71 billion, representing 59.83% of the total cryptocurrency market cap. Ethereum's market cap totaled $222.87 billion, accounting for 10.13% of the overall cryptocurrency market value.