Bitcoin Falls 10% In Rout
2022.06.13 11:01
Bitcoin Falls 10% In Rout
Investing.com – Bitcoin was trading at $24,872.6 by 03:42 (07:42 GMT) on the Investing.com Index on Monday, down 10.02% on the day. It was the largest one-day percentage loss since May 9.
The move downwards pushed Bitcoin’s market cap down to $479.5B, or 47.19% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.
Bitcoin had traded in a range of $24,872.6 to $26,857.6 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 19.51%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $48.1B or 44.37% of the total volume of all cryptocurrencies. It has traded in a range of $24,872.5938 to $31,556.6289 in the past 7 days.
At its current price, Bitcoin is still down 63.95% from its all-time high of $68,990.63 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $1,276.75 on the Investing.com Index, down 12.49% on the day.
Tether was trading at $1.0009 on the Investing.com Index, a gain of 0.05%.
Ethereum’s market cap was last at $159.7B or 15.71% of the total cryptocurrency market cap, while Tether’s market cap totaled $72.2B or 7.11% of the total cryptocurrency market value.
