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Bitcoin Tumbles 20% In Bearish Trade

The move downwards pushed Bitcoin’s market cap down to $553.8B, or 66.66% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $612.9B.

Bitcoin had traded in a range of $28,204.5 to $33,587.5 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 11.1%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $90.9B or 22.87% of the total volume of all cryptocurrencies. It has traded in a range of $25,902.7539 to $34,755.8516 in the past 7 days.

At its current price, Bitcoin is still down 18.09% from its all-time high of $34,755.85 set on January 3.

Ethereum was last at $901.03 on the Investing.com Index, up 8.32% on the day.

Tether was trading at $1.0006 on the Investing.com Index, a gain of 0.00%.

Ethereum’s market cap was last at $105.4B or 12.69% of the total cryptocurrency market cap, while Tether’s market cap totaled $21.3B or 2.57% of the total cryptocurrency market value.


Source: Cryptocurrency - investing.com

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