Investing.com – Bitcoin was trading at $53,275.3 at 21:11 (01:11 GMT) on the Investing.com index on Monday, down 12.29% on the day. It was the largest one-day percentage loss since November 9, 2022.
The downward movement caused Bitcoin's market cap to fall to $1,105.9 billion, or 56.04% of the total cryptocurrency market cap. At its highest level, Bitcoin's market cap was $1,435.8 billion.
Bitcoin had been trading in a range of $52,956.1 to $58,291.4 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value as it lost 18.43%. The volume of Bitcoin traded in the twenty-four hours up to the time of writing was $35.1 billion or 41.63% of the total volume of all cryptocurrencies. It has traded in a range of $52,956.0898 to $66,998.3047 over the past 7 days.
At its current price, Bitcoin is still 27.75% below its all-time high of $73,740.90 reached on March 14.
Elsewhere in cryptocurrency trading
Ethereum was last trading at $2,201.12 on the Investing.com index, down 24.47% on the day.
Tether USDt was trading at $0.9997 on the Investing.com index, up 0.01%.
Ethereum's market cap was last at $301.1 billion or 15.26% of the total cryptocurrency market cap, while Tether USDt's market cap was at $114.5 billion or 5.80% of the total cryptocurrency market cap.
