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Bitcoin Falls 10% In Bearish Trade By Investing.com

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© Reuters. Bitcoin Falls 10% In Bearish Trade

Investing.com – was trading at $20,565.9 by 04:03 (08:03 GMT) on the Investing.com Index on Wednesday, down 10.20% on the day. It was the largest one-day percentage loss since June 13.

The move downwards pushed Bitcoin’s market cap down to $396.7B, or 44.66% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.

Bitcoin had traded in a range of $20,561.7 to $22,254.6 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 31.89%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $41.5B or 44.57% of the total volume of all cryptocurrencies. It has traded in a range of $20,561.6660 to $30,691.4219 in the past 7 days.

At its current price, Bitcoin is still down 70.19% from its all-time high of $68,990.63 set on November 10, 2021.

Elsewhere in cryptocurrency trading

was last at $1,078.67 on the Investing.com Index, down 11.54% on the day.

was trading at $0.9993 on the Investing.com Index, a loss of 0.04%.

Ethereum’s market cap was last at $133.1B or 14.98% of the total cryptocurrency market cap, while Tether’s market cap totaled $70.8B or 7.97% of the total cryptocurrency market value.

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