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Bitcoin Falls 11% In Bearish Trade

Bitcoin Falls 11% In Bearish Trade

Investing.com - Bitcoin was trading at $8,238.5 by 12:18 (16:18 GMT) on the Investing.com Index on Sunday, down 10.67% on the day. It was the largest one-day percentage loss since September 24, 2019.

The move downwards pushed Bitcoin's market cap down to $154.5B, 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 $8,224.6 to $8,888.0 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a stagnation in value, as it only moved 1.25%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $38.5B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $8,224.5713 to $9,180.7529 in the past 7 days.

At its current price, Bitcoin is still down 58.54% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $209.92 on the Investing.com Index, down 17.62% on the day.

XRP was trading at $0.20701 on the Investing.com Index, a loss of 16.97%.

Ethereum's market cap was last at $24.0B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $9.6B or 0.00% of the total cryptocurrency market value.

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