Bitcoin Tumbles 20.34% In Selloff

November 26, 2018 / in.investing.com / Article Link

Investing.com - Bitcoin was trading at $3,679.2 by 15:42 (10:12 GMT) on the Investing.com Index on Sunday, down 20.34% on the day. It was the largest one-day percentage loss since Wednesday, January 14, 2015.

The move downwards pushed Bitcoin's market cap down to $63.9B, or 54.51% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $3,679.2 to $3,964.6 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 34.43%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $5.2B or 33.24% of the total volume of all cryptocurrencies. It has traded in a range of $3,679.2139 to $5,662.5200 in the past 7 days.

At its current price, Bitcoin is still down 81.48% from its all-time high of $19,870.62 set on Sunday, December 17, 2017.

Elsewhere in cryptocurrency trading

XRP was last at $0.33012 on the Investing.com Index, down 25.05% on the day.

Ethereum was trading at $102.90 on the Investing.com Index, a loss of 21.37%.

XRP's market cap was last at $13.3B or 11.39% of the total cryptocurrency market cap, while Ethereum's market cap totaled $10.6B or 9.09% of the total cryptocurrency market value.

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