(C) Reuters. Bitcoin Plunges 32% In Selloff
Investing.com – Bitcoin was trading at $5,916.9 by 06:48 (10:48 GMT) on the Investing.com Index on Thursday, down 32.17% on the day. It was the largest one-day percentage loss since February 24, 2014.
The move downwards pushed Bitcoin’s market cap down to $128.0B, or 0.00% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.
Bitcoin had traded in a range of $5,916.9 to $7,963.1 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 22.32%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $42.7B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $5,916.8696 to $9,180.7529 in the past 7 days.
At its current price, Bitcoin is still down 70.22% from its all-time high of $19,870.62 set on December 17, 2017.
Ethereum was last at $131.68 on the Investing.com Index, down 49.90% on the day.
XRP was trading at $0.15037 on the Investing.com Index, a loss of 37.99%.
Ethereum’s market cap was last at $17.5B or 0.00% of the total cryptocurrency market cap, while XRP’s market cap totaled $8.0B or 0.00% of the total cryptocurrency market value.
Bitcoin Plunges 32% In Selloff
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.