Litecoin Drops 10% in Its Largest One-Day Percentage Loss Since August 5

Litecoin was trading at $92.548 by 10:37 (15:37 GMT) on the Investing.com Index on Sunday, down 10.03% on the day.

Litecoin price plunged 10% on Sunday morning, marking its biggest one-day loss since early August, as the broader cryptocurrency market pulled back from record highs.

Litecoin dropped to $92.55 by 10:37 (15:37 GMT) on the Investing.com Index, with the loss coming after a seven-day rally that saw the coin gain nearly 6%.

The downturn pushed Litecoin’s market cap down to $7.065 billion, or 0.22% of the total cryptocurrency market cap. At its peak, Litecoin’s market cap stood at $25.609 billion.

Litecoin seven-day price chart. Investing.com

Litecoin ranged from a low of $91.735 to a high of $103.008 over the previous twenty-four hours.

The coin had seen a 5.99% seven-day gain.

Volume over the twenty-four hours to the time of writing stood at $1.671 billion, or 0.79% of the total volume of all cryptocurrencies. It traded in a span of $81.6931 to $106.1303 over the past 7 days.

At its current price, Litecoin is still 77.96% below its all-time high of $420.00, set on December 12, 2017.

Bitcoin last traded at $96,311 on the Investing.com Index, down 2.19% on the day.

Ethereum was at $3,297.44 on the Investing.com Index, a loss of 4.69%.

Bitcoin's market cap was last at $1,917.317 billion or 58.51% of the total cryptocurrency market cap, while Ethereum's market cap totaled $399.564 billion or 12.19% of the total cryptocurrency market cap.