Litecoin (LTC) is currently experiencing a sharp price correction, going down by more than 4% during the last hour, according to latest tracking from Coingecko.
At the time of this writing, the crypto asset is trading at $75.94 after hovering around the $78 region for most of the day.
With its recent price dump, the altcoin trimmed its seven-day gains to 20% from a high of 33% this week.
Still, LTC’s current performance is impressive as it managed to go up by 33.5% over the last 30 days.
Litecoin caught the attention of many crypto enthusiasts on November 23 when it went on a bullish run that enabled it to reach the $81 marker and increase its market capitalization by more than $1 billion.