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Bitcoin Falls 11% In Rout

imageCryptocurrency32 minutes ago (Jan 10, 2021 03:16PM ET)

(C) Reuters. Bitcoin Falls 11% In Rout – Bitcoin was trading at $36,804.7 by 15:15 (20:15 GMT) on the Index on Sunday, down 10.52% on the day. It was the largest one-day percentage loss since September 3, 2020.

The move downwards pushed Bitcoin’s market cap down to $695.4B, or 67.61% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $758.5B.

Bitcoin had traded in a range of $36,804.7 to $41,362.4 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 14.35%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $70.6B or 41.27% of the total volume of all cryptocurrencies. It has traded in a range of $28,204.4961 to $41,921.7188 in the past 7 days.

At its current price, Bitcoin is still down 12.21% from its all-time high of $41,921.72 set on January 8.

Ethereum was last at $1,234.26 on the Index, up 0.44% on the day.

Tether was trading at $1.0002 on the Index, a loss of 0.13%.

Ethereum’s market cap was last at $143.5B or 13.95% of the total cryptocurrency market cap, while Tether’s market cap totaled $24.2B or 2.35% of the total cryptocurrency market value.

Bitcoin Falls 11% In Rout

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