Bitcoin Dips Below 6,155.8 Level, Down 26%

Bitcoin Dips Below 6,155.8 Level, Down 26%

Mar 12, 2020

Bitcoin fell bellow the $6,155.8 level on Thursday. Bitcoin was trading at 6,155.8 by 13:06 (17:06 GMT) on the Index, down 26.17% on the day. It was the largest one-day percentage loss since February 24, 2014.

The move downwards pushed Bitcoin's market cap down to $110.8B, or 0.00% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $5,793.5 to $7,963.1 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 33.43%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $53.6B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $5,793.5054 to $9,180.7529 in the past 7 days.

At its current price, Bitcoin is still down 69.02% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $141.66 on the Index, down 35.55% on the day.

XRP was trading at $0.16666 on the Index, a loss of 23.67%.

Ethereum's market cap was last at $15.2B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $7.2B or 0.00% of the total cryptocurrency market value.

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