🎈 Up Big Today: Find today's biggest gainers (some over 50%!) with our free screenerTry Stock Screener

Bitcoin Falls 12% In Rout

Published 12/03/2021, 11:57 PM
© Igor Faun Bitcoin Falls 12% In Rout
BTC/USD
-
ETH/USD
-
BNB/BRL
-

Investing.com - Bitcoin was trading at $49,856.6 by 23:55 (04:55 GMT) on the Investing.com Index on Saturday, down 11.91% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed Bitcoin's market cap down to $974.0B, or 41.23% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,275.5B.

Bitcoin had traded in a range of $49,856.6 to $53,847.2 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 5.41%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $40.5B or 29.21% of the total volume of all cryptocurrencies. It has traded in a range of $49,856.6289 to $59,174.4492 in the past 7 days.

At its current price, Bitcoin is still down 27.73% from its all-time high of $68,990.63 set on November 10.

Elsewhere in cryptocurrency trading

Ethereum was last at $3,988.98 on the Investing.com Index, down 12.00% on the day.

Binance Coin was trading at $550.27 on the Investing.com Index, a loss of 10.66%.

Ethereum's market cap was last at $479.2B or 20.28% of the total cryptocurrency market cap, while Binance Coin's market cap totaled $94.4B or 4.00% of the total cryptocurrency market value.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.