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Bitcoin Dips Below 8,654.8 Level, Down 2%

·1 min read
Bitcoin Dips Below 8,654.8 Level, Down 2%
Bitcoin Dips Below 8,654.8 Level, Down 2%

Investing.com - Bitcoin fell bellow the $8,654.8 level on Friday. Bitcoin was trading at 8,654.8 by 10:17 (15:17 GMT) on the Investing.com Index, down 2.33% on the day. It was the largest one-day percentage loss since February 26.

The move downwards pushed Bitcoin's market cap down to $158.1B, or 62.55% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $8,451.9 to $8,898.7 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 10.56%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $42.9B or 27.13% of the total volume of all cryptocurrencies. It has traded in a range of $8,451.9355 to $9,981.0371 in the past 7 days.

At its current price, Bitcoin is still down 56.44% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $222.81 on the Investing.com Index, down 3.25% on the day.

XRP was trading at $0.23523 on the Investing.com Index, a loss of 2.18%.

Ethereum's market cap was last at $24.6B or 9.74% of the total cryptocurrency market cap, while XRP's market cap totaled $10.3B or 4.09% of the total cryptocurrency market value.

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