© Reuters. Bitcoin Tumbles 21% In Selloff
Investing.com – Bitcoin was trading at $8,090.6 by 15:44 (19:44 GMT) on the Investing.com Index on Tuesday, down 21.25% 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 $155.6B, or 67.67% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.
Bitcoin had traded in a range of $8,090.6 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 15.52%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $20.2B or 27.05% of the total volume of all cryptocurrencies. It has traded in a range of $8,090.4326 to $10,297.6172 in the past 7 days.
At its current price, Bitcoin is still down 59.28% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
Ethereum was last at $185.88 on the Investing.com Index, down 11.05% on the day.
XRP was trading at $0.22770 on the Investing.com Index, a loss of 23.01%.
Ethereum’s market cap was last at $18.4B or 8.01% of the total cryptocurrency market cap, while XRP’s market cap totaled $10.4B or 4.53% of the total cryptocurrency market value.
Source: investing.com
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