Bitcoin Falls 10.25% In Bearish Trade

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  • Cryptocurrency News
Bitcoin Falls 10.25% In Bearish Trade
Credit: © Reuters.

Investing.com - Bitcoin was trading at $56,009.1 by 09:01 (03:31 GMT) on the Investing.com Index on Sunday, down 10.25% on the day. It was the largest one-day percentage loss since Thursday, January 21, 2021.

The move downwards pushed Bitcoin's market cap down to $1,074.1B, or 50.96% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,184.9B.

Bitcoin had traded in a range of $55,198.0 to $60,362.1 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 4.85%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $67.1B or 28.21% of the total volume of all cryptocurrencies. It has traded in a range of $55,198.0352 to $64,778.0430 in the past 7 days.

At its current price, Bitcoin is still down 13.54% from its all-time high of $64,778.04 set on Wednesday, April 14, 2021.

Elsewhere in cryptocurrency trading

Ethereum , was last at $2,102.88 on the Investing.com Index, down 14.54% on the day.

Binance Coin was trading at $478.41 on the Investing.com Index, a loss of 10.36%.

Ethereum's market cap was last at $253.4B or 12.02% of the total cryptocurrency market cap, while Binance Coin's market cap totaled $75.4B or 3.58% of the total cryptocurrency market value.

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