In the past 24 hours, Litecoin LTC/USD price decreased by 4.96% to $71.49. This is a reversal of the 8.0% increase experienced over the past week, rising from $66.66 to the current price.
The chart below compares Litecoin’s price change and volatility over the past 24 hours (left) to its price change over the past week (right). The gray bands are Bollinger Bands, which measure the volatility of both daily and weekly price movements. The wider the band, or the greater the gray area at any given moment, the greater the volatility.
The coin’s trading volume increased by 24.0% over the past week, in the opposite direction as the coin’s overall circulating supply decreased by 0.29%. This brings the circulating supply to 75.11 million units, accounting for an estimated 89.41% of the maximum supply of 84 million units. According to our data, LTC’s current market capitalization ranking is #26 with $5.37 billion.
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