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© Reuters Bitcoin falls 11% in decline
Investing.com – Bitcoin was trading at $60,271.2 on the Investing.com Index as of 2:57 p.m. (19:57 GMT) on Tuesday, down 10.61% on the day. It was the largest daily percentage loss since March 5.
The downward move saw Bitcoin’s market cap fall to $1,214.6 billion, or 51.92% of the total cryptocurrency market cap. Bitcoin’s highest market cap was $1,333.8 billion.
Bitcoin traded in a range of $60,271.2 to $69,063.1 in the last 24 hours.
Over the last seven days, Bitcoin recorded an 8.04% increase in value. Bitcoin volume traded in the 24 hours to press time was $90.4 billion, or 40.19% of the total volume of all cryptocurrencies. In the last 7 days, the price has traded in a range of $56,704.9453 to $69,063.0938.
At the current price, Bitcoin is still 12.73% below its all-time high of $69,063.09 set on March 5.
Elsewhere in cryptocurrency trading
Ethereum was last at $3,257.71, down 4.85% on the day, according to the Investing.com Index.
Tether USDt traded at $1.0001 on the Investing.com index, down 0.06%.
Ethereum’s market cap most recently stood at $416.5 billion, or 17.80% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $100.1 billion, or 4.28% of the total cryptocurrency market cap .
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