© Reuters. Bitcoin Dips Below 8,903.5 Level, Down 10%
Investing.com – Bitcoin fell bellow the $8,903.5 level on Tuesday. Bitcoin was trading at 8,903.5 by 14:54 (18:54 GMT) on the Investing.com Index, down 10.47% on the day. It was the largest one-day percentage loss since July 16.
The move downwards pushed Bitcoin’s market cap down to $168.4B, or 67.39% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.
Bitcoin had traded in a range of $8,903.5 to $9,793.8 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 8.54%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $18.0B or 26.78% of the total volume of all cryptocurrencies. It has traded in a range of $8,903.4902 to $10,297.6172 in the past 7 days.
At its current price, Bitcoin is still down 55.19% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
Ethereum was last at $174.10 on the Investing.com Index, down 19.20% on the day.
XRP was trading at $0.25100 on the Investing.com Index, a loss of 11.59%.
Ethereum’s market cap was last at $19.9B or 7.98% of the total cryptocurrency market cap, while XRP’s market cap totaled $11.2B or 4.46% of the total cryptocurrency market value.
Source: investing.com
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