2 months ago
Cryptocurrency News

Bitcoin Falls 11% In Rout

Investing.com - Bitcoin was trading at $3,736.8 by 22:52 (03:52 GMT) on the Investing.com Index on Tuesday, down 11.31% on

Investing.com - Bitcoin was trading at $3,736.8 by 22:52 (03:52 GMT) on the Investing.com Index on Tuesday, down 11.31% on the day. It was the largest one-day percentage loss since November 19.

The move downwards pushed Bitcoin's market cap down to $67.5B, or 52.05% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $3,735.9 to $4,030.7 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 9.21%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $6.9B or 28.43% of the total volume of all cryptocurrencies. It has traded in a range of $3,647.4919 to $4,208.1694 in the past 7 days.

At its current price, Bitcoin is still down 81.19% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

XRP was last at $0.36438 on the Investing.com Index, down 6.94% on the day.

Ethereum was trading at $123.88 on the Investing.com Index, a loss of 20.60%.

XRP's market cap was last at $15.4B or 11.85% of the total cryptocurrency market cap, while Ethereum's market cap totaled $13.5B or 10.38% of the total cryptocurrency market value.