Litecoin was trading at $122.94 by 04:38 (09:38 GMT) on the Investing.com Index on Wednesday, up 10.80% on the day. It was the largest one-day percentage gain since February 10.
The move upwards pushed Litecoin's market cap up to $9.07B, or 0.31% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $25.61B.
Litecoin had traded in a range of $114.02 to $122.96 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a drop in value, as it lost 11.67%. The volume of Litecoin traded in the twenty-four hours to time of writing was $1.20B or 0.77% of the total volume of all cryptocurrencies. It has traded in a range of $106.4828 to $139.8777 in the past 7 days.
At its current price, Litecoin is still down 70.73% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
Bitcoin was last at $89,011.0 on the Investing.com Index, up 0.76% on the day.
Ethereum was trading at $2,482.61 on the Investing.com Index, a gain of 4.15%.
Bitcoin's market cap was last at $1,760.29B or 60.14% of the total cryptocurrency market cap, while Ethereum's market cap totaled $297.74B or 10.17% of the total cryptocurrency market value.