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Livepeer (LPT) Sheds 29%: Correction or Collapse Ahead?

  • Livepeer (LPT) has experienced a 29% loss in trading, currently priced at $9, while recording a recent surge of 65% over the past seven days.
  • The cryptocurrency market is facing a bearish trend, with Bitcoin (BTC) nearing $103.8K and major altcoins showing a lack of momentum. Livepeer (LPT) took a significant hit, dropping by 29.33% in the last 24 hours.
  • Livepeer hit a high of $13.35 before retracing to a daily low of $9.39 and is now trading around $9.40 with a market cap of $386 million.
  • The trading volume for Livepeer has risen by 10.96%, reaching $2.89 billion, and there has been a liquidation of $13.28 million. Livepeer has seen a 67% surge in the past week, climbing from $5 to a high of $13.

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