Bitcoin Falls 11% In Rout

Bitcoin Falls 11% In Rout

May 10, 2020

Bitcoin was trading at $8,857.1 by 20:19 (00:19 GMT) on the Index on Sunday, down 11.43% on the day. It was the largest one-day percentage loss since March 12.

The move downwards pushed Bitcoin's market cap down to $174.8B, 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 $8,857.1 to $9,569.4 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 5.44%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $46.6B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $8,553.1768 to $10,033.0234 in the past 7 days.

At its current price, Bitcoin is still down 55.43% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $197.41 on the Index, down 7.83% on the day.

XRP was trading at $0.19970 on the Index, a loss of 9.51%.

Ethereum's market cap was last at $23.4B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $9.5B or 0.00% of the total cryptocurrency market value.

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