(C) Reuters. Bitcoin Dips Below 8,589.4 Level, Down 0.35%
Investing.com – Bitcoin fell bellow the $8,589.4 level on Sunday. Bitcoin was trading at 8,589.4 by 10:19 (15:19 GMT) on the Investing.com Index, down 0.35% on the day. It was the largest one-day percentage loss since February 29.
The move downwards pushed Bitcoin’s market cap down to $156.7B, or 62.48% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.
Bitcoin had traded in a range of $8,523.9 to $8,737.2 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 12.93%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $35.6B or 27.99% of the total volume of all cryptocurrencies. It has traded in a range of $8,451.9355 to $9,981.0371 in the past 7 days.
At its current price, Bitcoin is still down 56.77% from its all-time high of $19,870.62 set on December 17, 2017.
Ethereum was last at $221.40 on the Investing.com Index, down 0.67% on the day.
XRP was trading at $0.23207 on the Investing.com Index, a loss of 0.80%.
Ethereum’s market cap was last at $24.3B or 9.70% of the total cryptocurrency market cap, while XRP’s market cap totaled $10.2B or 4.06% of the total cryptocurrency market value.
Bitcoin Dips Below 8,589.4 Level, Down 0.35%
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