Bitcoin Falls 10.03% In Selloff



THO – was trading at $48,252.5 by 20:05 (14:35 GMT) on the Index on Tuesday, down 10.03% on the day. It was the largest one-day percentage loss since Tuesday, February 23, 2021.

The move downwards pushed Bitcoin’s market cap down to $908.6B, or 61.85% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,071.2B.

Bitcoin had traded in a range of $45,093.8 to $54,115.0 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a stagnation in value, as it only moved 1.56%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $108.8B or 39.62% of the total volume of all cryptocurrencies. It has traded in a range of $45,093.8203 to $58,335.1289 in the past 7 days.

At its current price, Bitcoin is still down 17.28% from its all-time high of $58,335.13 set on Sunday, February 21, 2021.

Elsewhere in cryptocurrency trading

, was last at $1,547.67 on the Index, down 11.85% on the day.

Binance Coin was trading at $225.5502 on the Index, a loss of 17.19%.

Ethereum’s market cap was last at $178.5B or 12.15% of the total cryptocurrency market cap, while Binance Coin’s market cap totaled $35.3B or 2.40% of the total cryptocurrency market value.


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