© Reuters. Bitcoin Dips Below 8,654.8 Level, Down 2%
Investing.com – fell bellow the $8,654.8 level on Friday. Bitcoin was trading at 8,654.8 by 10:17 (15:17 GMT) on the Investing.com Index, down 2.33% on the day. It was the largest one-day percentage loss since February 26.
The move downwards pushed Bitcoin’s market cap down to $158.1B, or 62.55% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.
Bitcoin had traded in a range of $8,451.9 to $8,898.7 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 10.56%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $42.9B or 27.13% of the total volume of all cryptocurrencies. It has traded in a range of $8,451.9355 to $9,981.0371 in the past 7 days.
At its current price, Bitcoin is still down 56.44% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
was last at $222.81 on the Investing.com Index, down 3.25% on the day.
was trading at $0.23523 on the Investing.com Index, a loss of 2.18%.
Ethereum’s market cap was last at $24.6B or 9.74% of the total cryptocurrency market cap, while XRP’s market cap totaled $10.3B or 4.09% of the total cryptocurrency market value.
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