Bitcoin Falls 11% In Rout

16 March, 2020

Bitcoin was trading at $4,719.3 by 05:03 (09:03 GMT) on the Index on Monday, down 11.11% on the day. It was the largest one-day percentage loss since March 16.

The move downwards pushed Bitcoin's market cap down to $90.1B, 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 $4,718.4 to $5,369.3 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 37.69%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $38.1B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $3,869.4661 to $8,145.4824 in the past 7 days.

At its current price, Bitcoin is still down 76.25% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

  • Ethereum was last at $110.44 on the Index, down 10.77% on the day.
  • XRP was trading at $0.13991 on the Index, a loss of 6.23%.

Ethereum's market cap was last at $12.3B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $6.2B or 0.00% of the total cryptocurrency market value.

Source   Presented by Libertex
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