Bitcoin Dips Below 7,174.2 Level, Down 5%

Bitcoin Dips Below 7,174.2 Level, Down 5%
Bitcoin Dips Below 7,174.2 Level, Down 5%

Investing.com - Bitcoin fell bellow the $7,174.2 level on Monday. Bitcoin was trading at 7,174.2 by 13:31 (17:31 GMT) on the Investing.com Index, down 5.28% on the day. It was the largest one-day percentage loss since April 6.

The move downwards pushed Bitcoin's market cap down to $131.0B, 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 $6,770.1 to $7,193.1 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 12.21%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $42.8B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $6,157.4150 to $7,193.0796 in the past 7 days.

At its current price, Bitcoin is still down 63.90% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $163.99 on the Investing.com Index, up 13.00% on the day.

XRP was trading at $0.19390 on the Investing.com Index, a gain of 7.73%.

Ethereum's market cap was last at $18.0B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $8.5B or 0.00% of the total cryptocurrency market value.

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