Bitcoin Falls 10% In Rout By
2021-11-16 19:00:27
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Bitcoin Falls 10% In Rout © Reuters. Bitcoin Falls 10% In Rout

- Bitcoin was trading at $59,068.4 by 05:10 (10:10 GMT) on the Index on Tuesday, down 10.47% on the day. It was the largest one-day percentage loss since September 7.

The move downwards pushed Bitcoin's market cap down to $1,136.8B, or 43.23% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,275.5B.

Bitcoin had traded in a range of $59,024.6 to $63,605.6 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 11.8%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $39.8B or 30.96% of the total volume of all cryptocurrencies. It has traded in a range of $59,024.5742 to $68,990.6250 in the past 7 days.

At its current price, Bitcoin is still down 14.38% from its all-time high of $68,990.63 set on November 10.

Elsewhere in cryptocurrency trading

Ethereum was last at $4,169.81 on the Index, down 11.87% on the day.

Binance Coin was trading at $583.87 on the Index, a loss of 9.69%.

Ethereum's market cap was last at $502.0B or 19.09% of the total cryptocurrency market cap, while Binance Coin's market cap totaled $100.5B or 3.82% of the total cryptocurrency market value.

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