Bitcoin Dips Below 8,127.4 Level, Down 3%

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Investing.com – 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 Investing.com 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 Investing.com Index, down 2.28% on the day.

XRP was trading at $0.24147 on the Investing.com 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.

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