Bitcoin fell bellow the $6,963.7 level on Wednesday. Bitcoin was trading at 6,963.7 by 04:03 (09:03 GMT) on the Index, down 2.97% on the day. It was the largest one-day percentage loss since November 24.
The move downwards pushed Bitcoin's market cap down to $129.3B, or 65.04% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.
Bitcoin had traded in a range of $6,961.4 to $7,183.8 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 12.25%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $18.4B or 28.76% of the total volume of all cryptocurrencies. It has traded in a range of $6,534.7690 to $8,129.6040 in the past 7 days.
At its current price, Bitcoin is still down 64.95% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
Ethereum was last at $144.77 on the Index, down 1.39% on the day.
XRP was trading at $0.21567 on the Index, a loss of 1.39%.
Ethereum's market cap was last at $16.1B or 8.07% of the total cryptocurrency market cap, while XRP's market cap totaled $9.6B or 4.82% of the total cryptocurrency market value.
