Bitcoin Dips Below 6,389.2 Level, Down 5%

Bitcoin Dips Below 6,389.2 Level, Down 5%

Mar 20, 2020

Bitcoin fell bellow the $6,389.2 level on Friday. Bitcoin was trading at 6,389.2 by 13:14 (17:14 GMT) on the Index, down 4.92% on the day. It was the largest one-day percentage loss since March 19.

The move downwards pushed Bitcoin's market cap down to $117.9B, 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 $6,019.6 to $6,858.1 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 19.07%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $53.7B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $4,477.7026 to $6,858.0732 in the past 7 days.

At its current price, Bitcoin is still down 67.85% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $137.68 on the Index, up 2.26% on the day.

XRP was trading at $0.16327 on the Index, a gain of 0.46%.

Ethereum's market cap was last at $15.4B 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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