Bitcoin Dips Below 8,607.1 Level, Down 0.67% – Bitcoin fell bellow the $8,607.1 level on Saturday. Bitcoin was trading at 8,607.1 by 10:18 (15:18 GMT) on the Index, down 0.67% on the day. It was the largest one-day percentage loss since February 29.

The move downwards pushed Bitcoin’s market cap down to $157.3B, or 62.46% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.

Bitcoin had traded in a range of $8,581.5 to $8,793.7 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 10.62%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $38.9B or 27.80% of the total volume of all cryptocurrencies. It has traded in a range of $8,451.9355 to $9,981.0371 in the past 7 days.

At its current price, Bitcoin is still down 56.68% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $222.36 on the Index, down 0.92% on the day.

XRP was trading at $0.23354 on the Index, a loss of 1.22%.

Ethereum’s market cap was last at $24.5B or 9.72% of the total cryptocurrency market cap, while XRP’s market cap totaled $10.2B or 4.07% of the total cryptocurrency market value.

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