© Reuters. Bitcoin Falls 10% In Bearish Trade
Investing.com – was trading at $31,300.4 by 09:35 (14:35 GMT) on the Investing.com Index on Tuesday, down 10.33% on the day. It was the largest one-day percentage loss since January 21.
The move downwards pushed Bitcoin’s market cap down to $585.4B, or 62.85% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $758.5B.
Bitcoin had traded in a range of $31,150.4 to $32,820.1 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 14.98%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $61.1B or 45.29% of the total volume of all cryptocurrencies. It has traded in a range of $28,871.2344 to $36,384.3789 in the past 7 days.
At its current price, Bitcoin is still down 25.34% from its all-time high of $41,921.72 set on January 8.
Elsewhere in cryptocurrency trading
was last at $1,262.61 on the Investing.com Index, down 12.20% on the day.
Tether was trading at $1.0016 on the Investing.com Index, a gain of 0.12%.
Ethereum’s market cap was last at $145.5B or 15.71% of the total cryptocurrency market cap, while Tether’s market cap totaled $25.0B or 2.70% of the total cryptocurrency market value.
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