Bitcoin Dips Below 8,994.6 Level, Down 0.67%

Bitcoin Dips Below 8,994.6 Level, Down 0.67%

Mar 07, 2020

Bitcoin fell bellow the $8,994.6 level on Saturday. Bitcoin was trading at 8,994.6 by 12:01 (17:01 GMT) on the Index, down 0.67% on the day. It was the largest one-day percentage loss since March 7.

The move downwards pushed Bitcoin's market cap down to $166.0B, 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 $8,994.6 to $9,180.8 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 5%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $34.9B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $8,437.2441 to $9,180.7529 in the past 7 days.

At its current price, Bitcoin is still down 54.73% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $244.01 on the Index, up 3.03% on the day.

XRP was trading at $0.23862 on the Index, a loss of 1.49%.

Ethereum's market cap was last at $27.0B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $10.6B or 0.00% of the total cryptocurrency market value.

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