© Reuters. Bitcoin Dips Below 7,837.5 Level, Down 2%
Investing.com – Bitcoin fell bellow the $7,837.5 level on Monday. Bitcoin was trading at 7,837.5 by 02:49 (06:49 GMT) on the Investing.com Index, down 1.79% on the day. It was the largest one-day percentage loss since October 6.
The move downwards pushed Bitcoin’s market cap down to $142.5B, or 65.61% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.
Bitcoin had traded in a range of $7,797.0 to $7,910.9 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a stagnation in value, as it only moved 0.66%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $14.0B or 28.36% of the total volume of all cryptocurrencies. It has traded in a range of $7,796.9536 to $8,486.2021 in the past 7 days.
At its current price, Bitcoin is still down 60.56% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
Ethereum was last at $171.06 on the Investing.com Index, down 2.03% on the day.
XRP was trading at $0.26519 on the Investing.com Index, a gain of 5.10%.
Ethereum’s market cap was last at $18.6B or 8.58% of the total cryptocurrency market cap, while XRP’s market cap totaled $11.5B or 5.28% of the total cryptocurrency market value.
Source: investing.com
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