Litecoin Price Drops Over 10% in Bearish Trend

Litecoin's Significant Daily Loss

Litecoin LTC experienced a sharp decline, trading at $71.53, which marks a 10.26% drop within a single day. This event represents the largest one-day percentage loss for the cryptocurrency since November 3, 2025, signaling significant bearish pressure in the market.

Market Performance Overview

The downward price movement reduced Litecoin's market capitalization to $5.70 billion, accounting for 0.18% of the total cryptocurrency market cap. Over the previous twenty-four hours, the digital asset traded in a range between $70.92 and $76.81. The weekly trend also reflects negative sentiment, with an 8.21% loss in value. Trading volume in the last 24 hours was recorded at $1.23 billion.

Impact on the Crypto Market

The decline was not isolated to Litecoin. Other major cryptocurrencies also faced losses, with Bitcoin falling 1.11% to $95,672.5 and Ethereum dropping 1.08% to $3,309.12. This widespread downturn suggests a broader risk-off sentiment among investors. At its current price, Litecoin is still down 82.97% from its all-time high of $420.00 set on December 12, 2017.

Market Outlook Summary

The sustained selling pressure on Litecoin and other leading digital assets highlights market volatility. Investors are closely monitoring key support levels and macroeconomic factors that could influence the market's direction in the near term. The coming days will be crucial in determining if this trend will continue or if a recovery is imminent.

FAQ

Q: What was the main reason for Litecoin's price drop?
A: The price fell over 10% in a single day, its largest drop since November 2025, reflecting a broader bearish trend in the crypto market.

Q: How did Litecoin's market cap change?
A: Its market capitalization fell to $5.70 billion, representing 0.18% of the total crypto market cap.

Source: Investing.com