© Reuters. Bitcoin Falls 10% In Selloff
Investing.com – was trading at $30,987.3 by 04:37 (09:37 GMT) on the Investing.com Index on Monday, down 10.38% on the day. It was the largest one-day percentage loss since September 3, 2020.
The move downwards pushed Bitcoin’s market cap down to $583.1B, or 68.67% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $612.9B.
Bitcoin had traded in a range of $30,975.3 to $33,587.5 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 16.28%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $87.4B or 22.13% of the total volume of all cryptocurrencies. It has traded in a range of $25,902.7539 to $34,755.8516 in the past 7 days.
At its current price, Bitcoin is still down 10.84% from its all-time high of $34,755.85 set on January 3.
Elsewhere in cryptocurrency trading
was last at $939.20 on the Investing.com Index, up 12.87% on the day.
Tether was trading at $1.0004 on the Investing.com Index, a gain of 0.00%.
Ethereum’s market cap was last at $108.8B or 12.82% of the total cryptocurrency market cap, while Tether’s market cap totaled $21.3B or 2.51% of the total cryptocurrency market value.
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