Bitcoin Falls 10% In Selloff


Bitcoin was trading at $45,350.1 by 02:20 (07:20 GMT) on the Investing.com Index on Friday, down 10.15% on the day. It was the largest one-day percentage loss since January 21.

The move downwards pushed Bitcoin's market cap down to $859.1B, or 61.38% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,071.2B.

Bitcoin had traded in a range of $45,337.4 to $47,749.1 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 10.79%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $61.6B or 38.47% of the total volume of all cryptocurrencies. It has traded in a range of $45,093.8203 to $58,335.1289 in the past 7 days.

At its current price, Bitcoin is still down 22.26% from its all-time high of $58,335.13 set on February 21.

Elsewhere in cryptocurrency trading

Ethereum was last at $1,427.94 on the Investing.com Index, down 11.71% on the day.

Tether was trading at $0.9983 on the Investing.com Index, a loss of 0.26%.

Ethereum's market cap was last at $167.4B or 11.96% of the total cryptocurrency market cap, while Tether's market cap totaled $35.0B or 2.50% of the total cryptocurrency market value.

Source: https://www.investing.com/