Bitcoin fell bellow the $8,824.7 level on Monday. Bitcoin was trading at 8,824.7 by 10:20 (15:20 GMT) on the Index, down 2.89% on the day. It was the largest one-day percentage loss since March 2.
The move downwards pushed Bitcoin's market cap down to $161.1B, or 62.36% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.
Bitcoin had traded in a range of $8,503.1 to $8,888.1 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 9.11%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $40.4B or 25.96% of the total volume of all cryptocurrencies. It has traded in a range of $8,437.2441 to $9,672.2891 in the past 7 days.
At its current price, Bitcoin is still down 55.59% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
Ethereum was last at $228.71 on the Index, up 3.60% on the day.
XRP was trading at $0.23761 on the Index, a gain of 2.53%.
Ethereum's market cap was last at $25.1B or 9.73% of the total cryptocurrency market cap, while XRP's market cap totaled $10.4B or 4.02% of the total cryptocurrency market value.
