Bitcoin Plunges 32% In Rout

Bitcoin Plunges 32% In Rout

Mar 13, 2020

Bitcoin was trading at $5,571.6 by 06:49 (10:49 GMT) on the Index on Friday, down 32.09% on the day. It was the largest one-day percentage loss since March 12.

The move downwards pushed Bitcoin's market cap down to $103.1B, 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 $3,869.5 to $5,701.4 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 38.11%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $78.2B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $3,869.4661 to $9,180.7529 in the past 7 days.

At its current price, Bitcoin is still down 71.96% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $130.68 on the Index, down 1.89% on the day.

XRP was trading at $0.15378 on the Index, a loss of 21.83%.

Ethereum's market cap was last at $14.6B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $6.8B or 0.00% of the total cryptocurrency market value.

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