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Bitcoin Falls 11% In Selloff

Posted by Bill Rippel on September 08, 2021 - 12:54am


Bitcoin Falls 11% In Selloff

Cryptocurrency9 hours ago (Sep 07, 2021 11:09AM ET)
55
 
 
 
 
Bitcoin Falls 11% In Selloff © Reuters. Bitcoin Falls 11% In Selloff

Investing.com - Bitcoin was trading at $45,840.6 by 11:07 (15:07 GMT) on the Investing.com Index on Tuesday, down 11.19% on the day. It was the largest one-day percentage loss since September 7.

The move downward pushed Bitcoin's market cap to $919.1 billion, or 42.58% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,184.9 billion.

Bitcoin had traded in a range of $45,840.6 to $52,885.3 in the previous 24 hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 3.38%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $48.7 billion or 29.28% of the total volume of all cryptocurrencies. It has traded in a range of $45,840.6055 to $52,885.3477 in the past 7 days.

At its current price, Bitcoin is still down 29.23% from its all-time high of $64,778.04 set on April 14.

Elsewhere in cryptocurrency trading

Ethereum was last at $3,440.22 on the Investing.com Index, down 12.38% on the day.

Cardano was trading at $2.2431 on the Investing.com Index, a loss of 21.52%.

Ethereum's market cap was last at $413.9 billion or 19.18% of the total cryptocurrency market cap, while Cardano's market cap totaled $78.4 billion or 3.63% of the total cryptocurrency market value.

 

Simon Keighley Sounds like a lot of volitility is returning to the crypto sector after this downward move. Thanks for the update, Bill.
September 8, 2021 at 8:18am
Corneliu Boghian thanks for info , thanks for sharing
September 8, 2021 at 6:48am
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