Litecoin Value Soars 10% in Largest One-Day Gain Since August

Litecoin has seen a significant surge in value, rising by 10.07% to reach $62.92 at one point on Monday. This marked its largest one-day percentage gain since August 21.

This move upwards has also pushed Litecoin's market cap up to $4.71B, accounting for 0.16% of the total cryptocurrency market cap. The asset had traded in a range of $58.18 to $63.07 in the previous twenty-four hours.

In the past seven days, Litecoin has seen an increase in value, with a gain of 13.2%. Its volume of trade over this period was $398.57M, making up 0.36% of the total cryptocurrency trading volume.