Bitcoin was trading at $3,963.9 by 16:48 (21:48 GMT) on the Index on Saturday, down 10.15% on the day. It was the largest one-day percentage loss since November 19.
The move downwards pushed Bitcoin's market cap down to $68.7B, or 53.55% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.
Bitcoin had traded in a range of $3,954.8 to $4,494.6 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 28.92%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $4.1B or 33.42% of the total volume of all cryptocurrencies. It has traded in a range of $3,954.7612 to $5,727.8755 in the past 7 days.
At its current price, Bitcoin is still down 80.05% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
XRP was last at $0.38502 on the Index, down 6.00% on the day.
Ethereum was trading at $114.97 on the Index, a loss of 7.29%.
XRP's market cap was last at $15.3B or 11.94% of the total cryptocurrency market cap, while Ethereum's market cap totaled $11.8B or 9.23% of the total cryptocurrency market value.
