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Bitcoin Falls 11% – Price Plunge In Full Swing By

© Reuters. Bitcoin falls 11% – price decline in full swing – traded $ 45,840.6 on the Index at 17:07 (15:07 GMT) Tuesday, down 11.19%. This corresponds to the largest daily percentage loss since September 7th.

The recent downward momentum pushed Bitcoin’s market cap to $ 919.1B or 42.58% of the total market cap of all cryptocurrencies. At its peak, Bitcoin’s market capitalization was $ 1,184.9 billion.

In the last 24 hours of trading, Bitcoin was quoted in a range between $ 45,840.6 on the lower side and $ 52,885.3 on the upper side.

Over the past seven days, Bitcoin’s value rose 3.38%. The average trading volume of Bitcoin in the last 24 hours of trading was $ 48.7B million or 29.28% of the total volume of all cryptocurrencies. In the past 7 trading days, the digital currency oscillated in a range of $ 45,840.6055 on the downside and $ 52,885.3477 on the upside.

From the current price, Bitcoin is 29.23% away from the record high, which was marked on April 14 at $ 64,778.04 dollars.

What about other cryptocurrencies

was last at $ 3,275.00 on the Index, down 12.38%.

Cardano was down 21.52% on the Index to $ 2.2005.

Ethereum’s market capitalization was most recently $ 413.9 billion or 19.18% of the market capitalization of all cryptocurrencies, while Cardano’s market capitalization was most recently $ 78.4 billion or 3.63% of the total market capitalization.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy / sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Hasan Sheikh
Hasan, who loves technology and games, is studying Computer Engineering at Delhi JNU. He has been writing technology news since 2016.


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