© Reuters Bitcoin falls 10% in bearish trade
Investing.com – Bitcoin was trading at $65,940.0 at 05:15 (0915 GMT) on the Investing.com Index on Friday, down 10.10% on the day. It was the largest one-day percentage loss since November 9, 2022.
The downward move pushed Bitcoin's market capitalization to $1,320.0 billion, or 51.81% of the total cryptocurrency market capitalization. At its highest point, Bitcoin's market capitalization was $1,435.8 billion.
Bitcoin had traded in a range of $65,765.6 to $72,398.1 in the previous twenty-four hours.
Over the past seven days, Bitcoin has experienced stagnation in value, as it only moved 0.36%. The volume of Bitcoin traded in the twenty-four hours up to the time of writing was $77.9 billion or 38.57% of the total volume of all cryptocurrencies. It has traded in a range of $65,765.6172 to $73,740.8984 in the last 7 days.
At its current price, Bitcoin is still 10.58% below its all-time high of $73,740.90 set on March 14.
Elsewhere in cryptocurrency trading
Ethereum was last trading at $3,591.53 on the Investing.com index, down 9.74% on the day.
Tether USDt was trading at $0.9990 on the Investing.com index, a loss of 0.02%.
Ethereum's market capitalization last stood at $440.3 billion or 17.28% of the total cryptocurrency market capitalization, while Tether USDt's market capitalization amounted to $103.2 billion or 4 .05% of the total value of the cryptocurrency market.
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