Bitcoin Falls 10% In Rout
Investing.com – was trading at $7,916.3 by 20:07 (00:07 GMT) on the Investing.com Index on Tuesday, down 10.26% on the day. It was the largest one-day percentage loss since November 24, 2018.
The move downwards pushed Bitcoin’s market cap down to $144.6B, or 55.76% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.
Bitcoin had traded in a range of $7,916.3 to $8,118.1 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 7.07%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $21.8B or 28.21% of the total volume of all cryptocurrencies. It has traded in a range of $7,916.3472 to $9,045.8926 in the past 7 days.
At its current price, Bitcoin is still down 60.16% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
was last at $244.79 on the Investing.com Index, down 9.90% on the day.
was trading at $0.40508 on the Investing.com Index, a loss of 9.61%.
Ethereum’s market cap was last at $26.6B or 10.26% of the total cryptocurrency market cap, while XRP’s market cap totaled $17.6B or 6.80% of the total cryptocurrency market value.
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