© Reuters. Bitcoin Falls 10.44% In Selloff
Investing.com – was trading at $32,800.1 by 03:47 (02:47 GMT) on the Investing.com Index on Tuesday, down 10.44% on the day. It was the largest one-day percentage loss since May 19.
The move downwards pushed Bitcoin’s market cap down to $620.3B, or 40.57% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,184.9B.
Bitcoin had traded in a range of $32,800.1 to $34,047.8 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 10.12%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $35.6B or 34.92% of the total volume of all cryptocurrencies. It has traded in a range of $32,800.0977 to $39,462.3203 in the past 7 days.
At its current price, Bitcoin is still down 49.37% from its all-time high of $64,778.04 set on April 14.
Elsewhere in cryptocurrency trading
was last at $2,525.05 on the Investing.com Index, down 9.34% on the day.
Tether was trading at $1.0005 on the Investing.com Index, a gain of 0.10%.
Ethereum’s market cap was last at $298.0B or 19.49% of the total cryptocurrency market cap, while Tether’s market cap totaled $62.3B or 4.08% of the total cryptocurrency market value.
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