Bitcoin falls 12% in race

Featured in:
abcd

Investing.com – Bitcoin was trading at $53,275.3 at 21:11 (01:11 GMT) on the Investing.com index on Monday, down 12.29% on the day. It was its biggest one-day percentage loss since November 9, 2022.

The downward move saw Bitcoin’s market cap fall to $1,105.9 billion, or 56.04% of the total cryptocurrency market cap. At its highest point, Bitcoin’s market cap was $1,435.8 billion.

sadasda

Over the last twenty-four hours, the price of Bitcoin has fluctuated between $52,956.1 and $58,291.4.

Bitcoin has fallen 18.43% in value over the past seven days. Bitcoin’s trading volume in the twenty-four hours to the time of writing was $35.1 billion or 41.63% of the total volume of all cryptocurrencies. Over the past 7 days, trading has ranged from $52,956.0898 to $66,998.3047.

Bitcoin’s current price is still 27.75% down from its all-time high of $73,740.90 reached on March 14.

Elsewhere in crypto trading

Ethereum was last priced at $2,201.12 according to the Investing.com Index, down 24.47% on the day.

The Tether USDt pair was trading at $0.9997 on the Investing.com index, up 0.01%.

Ethereum’s market capitalization was recently $301.1 billion or 15.26% of the total cryptocurrency market capitalization, while Tether’s USDt market capitalization reached $114.5 billion or 5.80% of the total cryptocurrency market value.

abcd
sadasda

Find us on

Latest articles

Related articles

See more articles

Bitcoin Surpasses $73,000, Expert Explains Why The Rally Isn’t...

Ronaldo is an experienced cryptocurrency enthusiast, committed to the emerging and constantly evolving industry. Through over five...

Why Peter Thiel’s Founders Fund moved away from the...

Key conclusionsFounders Fund has completely exited ETHZilla after previously owning 7.5% of the shares. SEC filings show...

Bitcoin pattern memory predicts a bottom and is below...

Bitcoin market cycles happen often guided by recognizable technical structures, and one analyst now...

Three Bitcoin signals show that 80 thousand dollars is...

Bitcoin (BTC) bulls are eyeing a return to $80,000 in March, with at least three indicators flashing...

Ray Dalio sharply criticizes Bitcoin: privacy risks, control concerns...

Ray Dalio on Tuesday again cast doubt on Bitcoin's claims to safe-haven status, arguing that the asset...

X imposes 90-day ban on sharing revenue from undisclosed...

Social media platform X will suspend creators from its revenue sharing program for 90 days if they...