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Bitcoin Falls 10% In Rout

November 23, 2018 04:44:35

© Reuters.

Bitseven - Bitcoin was trading at $4,263.5 by 20:22 (01:22 GMT) on the Index on Friday, down 10.11% on the day. It was the largest one-day percentage loss since November 19.

The move downwards pushed Bitcoin's market cap down to $74.7B, or 53.81% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $4,249.7 to $4,430.3 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 23.44%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $4.6B or 34.25% of the total volume of all cryptocurrencies. It has traded in a range of $4,249.7339 to $5,727.8755 in the past 7 days.

At its current price, Bitcoin is still down 78.54% from its all-time high of $19,870.62 set on December 17, 2017.

Category: News

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