Etherium News

Bitcoin Tumbles 22% In Selloff

© Reuters.
© Reuters. – was trading at $11,186.9 by 12:30 (16:30 GMT) on the Index on Thursday, down 22.02% on the day. It was the largest one-day percentage loss since January 14, 2015.

The move downwards pushed Bitcoin’s market cap down to $199.1B, or 61.51% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.

Bitcoin had traded in a range of $11,024.9 to $13,422.0 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 19.46%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $43.4B or 32.54% of the total volume of all cryptocurrencies. It has traded in a range of $9,517.3838 to $13,929.8066 in the past 7 days.

At its current price, Bitcoin is still down 43.70% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

was last at $299.92 on the Index, down 19.12% on the day.

was trading at $0.40498 on the Index, a loss of 21.92%.

Ethereum’s market cap was last at $31.8B or 9.83% of the total cryptocurrency market cap, while XRP’s market cap totaled $17.4B or 5.38% of the total cryptocurrency market value.

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