The cryptocurrency Litecoin (LTC) saw a sharp surge. According to Investing.com, on Thursday at 11:00 a.m., the coin’s price rose by 10.05% to reach $68.92. This is the asset’s strongest one-day gain since September 24.
What’s happening with LTC’s price and market cap
Market capitalization: thanks to the price surge, Litecoin’s total value rose to $5.35 billion. The coin currently accounts for 0.19% of the total crypto market (for comparison: at its all-time high, its market cap reached $25.61 billion).
Price range: Over the past 24 hours, LTC prices have fluctuated between $61.73 and $69.22.
Trading volume: Over the past 24 hours, LTC trading volume totaled $952.80 million, representing approximately 0.81% of the total trading volume in the crypto market.
Weekly performance: Over the past week, Litecoin has risen by 29.54%. During these seven days, the price fluctuated between a weekly low of $53.91 and a local high of $69.22.
What’s Happening in the Market as a Whole
While Litecoin was gaining momentum, major digital assets were trading in the red:
| Cryptocurrency | Current Price | Change for the Day | Market Capitalization | Market Share |
| Bitcoin (BTC) | 84,527.80 | -1.60% | 1,697.20 billion | 59.02% |
| Ethereum (ETH) | $2,693.52 | -1.80% | $329.10 billion | 11.44% |
Thus, despite the cooling off of the market’s major coins, LTC’s outperformance has attracted traders’ attention, especially given that the asset has approached the upper limit of its weekly range.