Bitcoin Tumbles 21% In Selloff

Bitcoin Tumbles 21% In Selloff

Mar 12, 2020

Bitcoin was trading at $6,436.8 by 06:45 (10:45 GMT) on the Index on Thursday, down 21.49% on the day. It was the largest one-day percentage loss since January 14, 2015.

The move downwards pushed Bitcoin's market cap down to $128.0B, 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 $6,436.8 to $7,963.1 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 22.32%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $42.7B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $6,436.8423 to $9,180.7529 in the past 7 days.

At its current price, Bitcoin is still down 67.61% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $144.54 on the Index, down 36.56% on the day.

XRP was trading at $0.16582 on the Index, a loss of 25.14%.

Ethereum's market cap was last at $17.5B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $8.0B or 0.00% of the total cryptocurrency market value.

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