Bitcoin Falls 11% In Rout
Bitcoin Falls 11% In Rout
Investing.com – Bitcoin was trading at $60,271.2 by 14:57 (19:57 GMT) on the Investing.com Index on Tuesday, down 10.61% on the day. It was the largest one-day percentage loss since March 5.
The move downwards pushed Bitcoin’s market cap down to $1,214.6B, or 51.92% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,333.8B.
Bitcoin had traded in a range of $60,271.2 to $69,063.1 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 8.04%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $90.4B or 40.19% of the total volume of all cryptocurrencies. It has traded in a range of $56,704.9453 to $69,063.0938 in the past 7 days.
At its current price, Bitcoin is still down 12.73% from its all-time high of $69,063.09 set on March 5.
Elsewhere in cryptocurrency trading
Ethereum was last at $3,257.71 on the Investing.com Index, down 4.85% on the day.
Tether USDt was trading at $1.0001 on the Investing.com Index, a loss of 0.06%.
Ethereum’s market cap was last at $416.5B or 17.80% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $100.1B or 4.28% of the total cryptocurrency market value.
