Bitcoin Falls 13% In Selloff By Investing.com

Investing.com – was trading at $16,799.4 by 13:22 (18:22 GMT) on the Investing.com Index on Wednesday, down 13.17% on the day. It was the largest one-day percentage loss since June 13.

The move downwards pushed Bitcoin’s market cap down to $323.3B, or 38.84% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.

Bitcoin had traded in a range of $16,729.7 to $18,583.8 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 18.57%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $118.1B or 55.53% of the total volume of all cryptocurrencies. It has traded in a range of $16,729.6523 to $21,464.7168 in the past 7 days.

At its current price, Bitcoin is still down 75.65% from its all-time high of $68,990.63 set on November 10, 2021.

Elsewhere in cryptocurrency trading

was last at $1,162.12 on the Investing.com Index, down 19.76% on the day.

was trading at $0.9994 on the Investing.com Index, a loss of 0.08%.

Ethereum’s market cap was last at $141.9B or 17.05% of the total cryptocurrency market cap, while Tether’s market cap totaled $69.8B or 8.39% of the total cryptocurrency market value.