Bitcoin Dips Below 7,710.7 Level, Down 2%

Bitcoin Dips Below 7,710.7 Level, Down 2%

Mar 11, 2020

Bitcoin fell bellow the $7,710.7 level on Wednesday. Bitcoin was trading at 7,710.7 by 13:05 (17:05 GMT) on the Index, down 1.79% on the day. It was the largest one-day percentage loss since March 11.

The move downwards pushed Bitcoin's market cap down to $142.2B, 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 $7,710.5 to $7,964.9 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 10.99%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $36.7B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $7,648.7280 to $9,180.7529 in the past 7 days.

At its current price, Bitcoin is still down 61.20% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $191.09 on the Index, down 4.27% on the day.

XRP was trading at $0.20528 on the Index, a loss of 2.53%.

Ethereum's market cap was last at $21.3B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $9.1B or 0.00% of the total cryptocurrency market value.

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