Litecoin Surges Over 12%, Outperforming Broader Crypto Market

Litecoin (LTC) saw a significant price surge on Tuesday, climbing 12.76% to $71.94 by 02:03 ET (06:03 GMT), according to the Investing.com Index. This marks Litecoin’s biggest single-day gain since January 15, offering a momentary rebound despite a broader downtrend over the past week.

The sharp increase boosted Litecoin’s market capitalization to $5.46 billion, accounting for approximately 0.22% of the total cryptocurrency market. Although LTC has shown some upward momentum, it still lags far behind its all-time high of $420.00 reached on December 12, 2017—down by 82.87% from that peak.

In the past 24 hours, Litecoin traded between $70.21 and $72.86. However, its weekly performance reflects a 14.13% drop, with prices ranging from $63.51 to $88.49 during that time. Trading volume over the last day reached $994.04 million, representing 0.52% of the overall crypto market volume, signaling strong investor activity despite recent volatility.

Meanwhile, Bitcoin (BTC) rose 6.56% to $79,714.40, maintaining its dominance with a $1.58 trillion market cap—roughly 62.63% of the entire crypto market. Ethereum (ETH) also experienced notable gains, rising 10.69% to $1,584.54 with a $191.87 billion market cap, capturing 7.59% of total market value.

Litecoin’s recent price jump may reflect renewed investor interest as crypto markets show signs of recovery. However, its long-term performance remains under pressure. As traders look for opportunities, LTC’s short-term momentum and volume spike could hint at continued volatility ahead.