Cryptocurrency 1 hour ago (Jun 18, 2022 04:17AM ET)
© Reuters. Bitcoin Falls 10% In Rout
Investing.com – was trading at $18,894.0 by 04:17 (08:17 GMT) on the Investing.com Index on Saturday, down 10.32% on the day. It was the largest one-day percentage loss since June 13.
The move downwards pushed Bitcoin’s market cap down to $366.6B, or 43.52% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.
Bitcoin had traded in a range of $18,894.0 to $20,744.7 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 34.41%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $28.8B or 46.38% of the total volume of all cryptocurrencies. It has traded in a range of $18,893.9531 to $28,534.7754 in the past 7 days.
At its current price, Bitcoin is still down 72.61% from its all-time high of $68,990.63 set on November 10, 2021.
Elsewhere in cryptocurrency trading
was last at $992.78 on the Investing.com Index, down 9.38% on the day.
was trading at $0.9983 on the Investing.com Index, a loss of 0.11%.
Ethereum’s market cap was last at $121.5B or 14.42% of the total cryptocurrency market cap, while Tether’s market cap totaled $68.1B or 8.09% of the total cryptocurrency market value.