Bitcoin falls 12% in race

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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.

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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.

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