Litecoin’s (CRYPTO: LTC) price has experienced a 5.9% surge in the last 24 hours, reaching $87.99. Over the past week, LTC has demonstrated a growth of over 8.0%, rising from \(81.1 to its current value. The coin’s all-time high remains at \)410.26.

The chart below illustrates the comparison of Litecoin’s price movements and volatility in the last 24 hours (on the left) versus the changes over the previous week (on the right). The volatility levels for both the daily and weekly price changes are represented by the Bollinger Bands in gray. A wider band or a larger gray area indicates increased volatility.

Despite a 2.0% decrease in trading volume over the week, the total circulating supply of LTC has also slightly dropped by 0.05%, now standing at over 74.47 million. This accounts for approximately 88.65% of its maximum supply of 84.00 million. Currently holding the #21 rank with a market capitalization of $6.56 billion, LTC maintains its position in the market.

This content was generated automatically by Benzinga’s content engine and later reviewed by an editor.

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Original article: Benzinga