Bitcoin Falls 11% In Bearish Trade -Breaking
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© Reuters. Bearish Trade Causes Bitcoin to Fall 11%Investing.com – Monday’s trading was at $30,717.6 (14:38 GMT), according to the Investing.com Index. This is down 10.96% from the previous day. This was the biggest percentage drop in one day since September 7, 2021.
This downward shift saw Bitcoin’s market capital fall to $592.3B or 41.52%. Bitcoin’s maximum market cap stood at $1,275.5B.
Bitcoin trades in an area of $30716.2 to $34,227.0 over the past twenty-four hours.
Bitcoin’s value has dropped 18.67% in the past seven trading days. Bitcoin volume was $50.4B at the time of writing, which is 39.03% from the total volume all cryptocurrency. In the last 7 days, it has been traded between $30,716.2207 and $40,020.9922.
Bitcoin currently trades at 55.48% of its peak price of $68,990.63, which was set November 10, 2021.
Other cryptocurrency trading
The Investing.com Index last saw the price of $2,274.55 drop by 11.22% to close the day.
It traded at $1.0001 according to the Investing.com Index. This is a loss of 0.01%.
The market capital of Ethereum was $276.9B, or 19.41%, at the last time. Tether’s total market capital totaled $83.2B (or 5.83%) of the total crypto market value.
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