Investing.com – Bitcoin was trading at $53,275.3 by 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 move downwards pushed Bitcoin’s market cap down to $1,105.9B, or 56.04% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,435.8B.
Bitcoin had traded 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 to time of writing was $35.1B or 41.63% of the total volume of all cryptocurrencies. It has traded in a range of $52,956.0898 to $66,998.3047 in the past 7 days.
At its current price, Bitcoin is still down 27.75% from its all-time high of $73,740.90 set on March 14.
