Bitcoin Dips Below 8,127.4 Level, Down 3% – Bitcoin fell bellow the $8,127.4 level on Thursday. Bitcoin was trading at 8,127.4 by 14:56 (18:56 GMT) on the Index, down 2.69% on the day. It was the largest one-day percentage loss since September 26.

The move downwards pushed Bitcoin’s market cap down to $145.3B, or 67.44% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.

Bitcoin had traded in a range of $7,773.6 to $8,463.1 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 19.87%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $19.6B or 29.67% of the total volume of all cryptocurrencies. It has traded in a range of $7,773.6040 to $10,279.4912 in the past 7 days.

At its current price, Bitcoin is still down 59.10% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $163.06 on the Index, down 2.28% on the day.

XRP was trading at $0.24147 on the Index, a loss of 0.36%.

Ethereum’s market cap was last at $17.6B or 8.18% of the total cryptocurrency market cap, while XRP’s market cap totaled $10.3B or 4.80% of the total cryptocurrency market value.

Related Articles

Bitcoin Continues to Tumbles But TA Indicates Price at Key Support Level

Ant Financial Partners with Monsanto Owner on Agricultural Blockchain

10,000 Nodes Are Running BTC Lightning Network in New All-Time High

Source link

Stay in the Loop

Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

Latest stories

- Advertisement - spot_img

You might also like...