Bitcoin Falls 10% In Selloff By Investing.com

Investing.com – was trading at $20,244.1 by 19:16 (23:16 GMT) on the Investing.com Index on Thursday, down 10.34% on the day. It was the largest one-day percentage loss since June 13.

The move downwards pushed Bitcoin’s market cap down to $388.7B, or 44.13% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.

Bitcoin had traded in a range of $20,241.2 to $22,942.1 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 32.13%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $30.8B or 41.06% of the total volume of all cryptocurrencies. It has traded in a range of $20,125.7910 to $30,325.6406 in the past 7 days.

At its current price, Bitcoin is still down 70.66% from its all-time high of $68,990.63 set on November 10, 2021.

Elsewhere in cryptocurrency trading

was last at $1,053.30 on the Investing.com Index, down 14.91% on the day.

was trading at $0.9990 on the Investing.com Index, a loss of 0.04%.

Ethereum’s market cap was last at $129.8B or 14.73% of the total cryptocurrency market cap, while Tether’s market cap totaled $70.0B or 7.94% of the total cryptocurrency market value.