Bitcoin fell bellow the $4,996.5 level on Monday. Bitcoin was trading at 4,996.5 by 14:34 (19:34 GMT) on the Index, down 13.74% on the day. It was the largest one-day percentage loss since February 5.
The move downwards pushed Bitcoin's market cap down to $86.6B, or 52.51% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.
Bitcoin had traded in a range of $4,996.1 to $5,662.5 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 22.01%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $6.2B or 32.75% of the total volume of all cryptocurrencies. It has traded in a range of $4,996.0771 to $6,466.8340 in the past 7 days.
At its current price, Bitcoin is still down 74.85% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
XRP was last at $0.49804 on the Index, down 3.54% on the day.
Ethereum was trading at $154.75 on the Index, a loss of 15.96%.
XRP's market cap was last at $19.9B or 12.04% of the total cryptocurrency market cap, while Ethereum's market cap totaled $15.9B or 9.61% of the total cryptocurrency market value.
