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Litecoin Plunges Over 10%, Hits $74 Amid Broader Crypto Market Sell-Off

Mon, 07 Apr 2025, 12:25 pm UTC

Litecoin Plunges Over 10%, Hits $74 Amid Broader Crypto Market Sell-Off. Source: Shutterstock

Litecoin (LTC) dropped 10.05% on Sunday, falling to $74.18 by 14:19 (18:19 GMT), marking its steepest one-day loss since April 6, according to Investing.com. This sharp decline reduced Litecoin’s market capitalization to $5.77 billion, now just 0.22% of the total crypto market value. At its peak, Litecoin’s market cap reached $25.61 billion.

Over the past 24 hours, LTC traded within a narrow range of $74.18 to $83.11. Its 7-day performance also reflects significant bearish momentum, with the coin down 11.16% over the week. Trading volume for Litecoin stood at $386.13 million, accounting for 0.75% of the global crypto trading volume.

Litecoin continues to struggle well below its all-time high of $420, recorded on December 12, 2017—now down approximately 82.34% from that level. The cryptocurrency market as a whole faced downward pressure, impacting major assets across the board.

Bitcoin (BTC), the market leader, slid 3.57% to $80,077.70, maintaining a dominant market cap of $1.60 trillion, or 62.29% of the total crypto market. Ethereum (ETH) also saw a steep drop, losing 7.72% to trade at $1,655.26, with a market cap of $203.11 billion—representing 7.89% of the total market.

The current downturn reflects growing volatility and investor caution amid shifting macroeconomic conditions and regulatory uncertainties. Traders and long-term investors alike are closely monitoring support levels as Litecoin and other major cryptocurrencies test key price zones. Continued pressure could signal further downside unless market sentiment reverses.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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