Bitcoin Dips Below 4,522.0 Level, Down 2%

Bitcoin Dips Below 4,522.0 Level, Down 2%

Nov 21, 2018

Bitcoin fell bellow the $4,522.0 level on Wednesday. Bitcoin was trading at 4,522.0 by 14:38 (19:38 GMT) on the Index, down 2.40% on the day. It was the largest one-day percentage loss since November 20.

The move downwards pushed Bitcoin's market cap down to $78.0B, or 53.28% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $4,393.0 to $4,743.7 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 23.25%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $6.7B or 35.06% of the total volume of all cryptocurrencies. It has traded in a range of $4,272.3086 to $5,878.5005 in the past 7 days.

At its current price, Bitcoin is still down 77.24% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

XRP was last at $0.43974 on the Index, down 2.89% on the day.

Ethereum was trading at $133.64 on the Index, a loss of 4.25%.

XRP's market cap was last at $17.6B or 12.00% of the total cryptocurrency market cap, while Ethereum's market cap totaled $13.7B or 9.35% of the total cryptocurrency market value.

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