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Bitcoin Tumbles 20% In Rout

The move downwards pushed Bitcoin’s market cap down to $560.7B, or 64.63% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $758.5B.

Bitcoin had traded in a range of $29,375.7 to $30,838.7 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 22.76%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $75.7B or 47.11% of the total volume of all cryptocurrencies. It has traded in a range of $29,375.7090 to $37,931.6875 in the past 7 days.

At its current price, Bitcoin is still down 29.74% from its all-time high of $41,921.72 set on January 8.

Ethereum was last at $1,047.17 on the Investing.com Index, down 31.55% on the day.

Tether was trading at $1.0013 on the Investing.com Index, a gain of 0.03%.

Ethereum’s market cap was last at $123.2B or 14.20% of the total cryptocurrency market cap, while Tether’s market cap totaled $24.7B or 2.85% of the total cryptocurrency market value.


Source: Cryptocurrency - investing.com

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