3 weeks ago
Cryptocurrency News

Bitcoin Falls 10% In Bearish Trade

Investing.com - Bitcoin was trading at $3,785.3 by 02:54 (07:54 GMT) on the Investing.com Index on Monday, down 10.08% on

Investing.com - Bitcoin was trading at $3,785.3 by 02:54 (07:54 GMT) on the Investing.com Index on Monday, down 10.08% on the day. It was the largest one-day percentage loss since November 24, 2018.

The move downwards pushed Bitcoin's market cap down to $67.3B, or 52.30% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $3,753.8 to $3,823.8 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 2.38%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $10.9B or 28.20% of the total volume of all cryptocurrencies. It has traded in a range of $3,738.7056 to $4,194.1660 in the past 7 days.

At its current price, Bitcoin is still down 80.95% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $137.23 on the Investing.com Index, down 19.71% on the day.

XRP was trading at $0.29991 on the Investing.com Index, a loss of 13.37%.

Ethereum's market cap was last at $14.6B or 11.35% of the total cryptocurrency market cap, while XRP's market cap totaled $12.6B or 9.76% of the total cryptocurrency market value.