On Friday, the greenback rallied because traders shifted their focus to the highly-anticipated Federal Reserve rate lift already next week, notwithstanding uncertainty over next year’s rate lifts kept gains in check…
Litecoin goes down 21%
On Friday, on the Investing.com Index, Litecoin headed south, ending up with an outcome of $23.259 by 16:31 GMT, losing nearly 20.55% on the day. The given outcome turned out to be the largest one-day percentage tumble since September 14, the previous year.
The given move downwards suppressed Litecoin's market cap bringing it to $1.426B. To put that another way, Litecoin’s overall market cap inched down by 1.36%. By the way, at its highest, Litecoin's market cap accounted for $14.099B.
As a matter of fact, in the previous twenty-four hours, Litecoin had fluctuated in a band $23.257- $26.890.
By the way, for the last seven days, Litecoin has faced a tremendous sink in its market value. To be exact, the given digital coin went down by 25.18%. Furthermore, the volume of this crypto asset traded in the twenty-four hours to time of writing amounted to $435.670M. It other words, it accounted for 2.55% of the overall volume of all crypto assets. For the last seven days, the given digital coin wove in a band $23.2574- $60.6702.
Moreover, casting a glance at its current price, we will see that this digital coin has lost a mind-blowing amount – nearly 94.46% from its all-time maximum of $420.00 that was recorded on December 12, the previous year.
Now let’s take a look at other crypto assets.
The most popular digital coin, Bitcoin demonstrated an outcome of $3,282.4 on the Investing.com Index, decreasing by 11.97% on the day.
As for XRP, on the Investing.com Index, it was trading at $0.29228, slumping by 12.56%.
As for Bitcoin's market cap, last it amounted to $57.710B, which another words accounts for 55.05% of the total cryptocurrency market cap. Besides this, XRP's market cap hit $11.915B or up to 11.37% of the overall cryptocurrency market value.
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…