This was the largest drop in the cryptocurrency's price since February 5th.

Litecoin was trading at $52.41 at 9:22 PM (18:22 GMT) on Thursday, according to the Investing.com index, down 10.25% on the day. This was the largest drop in the cryptocurrency's price since February 5th.

The decline was also driven by a reduction in Litecoin's market capitalization to $4.08B, or 0.18% of the total cryptocurrency market capitalization. At its peak, Litecoin's market capitalization was $25.61B.

Over the past 24 hours, Litecoin has traded in a range of $52.41 to $59.34.

Over the past seven days, Litecoin has seen a decline in price, losing 18.96%. Litecoin's trading volume in the last 24 hours prior to the publication of this material was $727.95 million, or 0.32% of the total volume of all cryptocurrencies. Its price has fluctuated between $52.4110 and $66.4083 over the past seven days.

Litecoin has currently fallen from its high of [unclear text].

Meanwhile, other cryptocurrencies

Bitcoin last traded at $65,522.00, according to the Investing.com Index, down 10.64% on the day.

Ethereum traded at $1,937.00, according to the Investing.com Index, down 9.70%.

Bitcoin's market capitalization is $1,317.01B or 58.14% of the total cryptocurrency capitalization, while Ethereum's market capitalization is $235.50B or 10.40% of the total crypto market capitalization.