The price of Litecoin, like any other cryptocurrency, can fluctuate due to various factors such as market demand, investor sentiment, regulatory developments, and overall market conditions. Some possible reasons for Litecoin's decrease in value could include a general market downturn, profit-taking by investors, or specific news impacting Litecoin specifically. It's important to keep in mind that the cryptocurrency market is highly volatile and can be influenced by a wide range of factors.