Affected by Negative Trends, Bitcoin Cryptocurrency Price Falls 10%
The price of Bitcoin cryptocurrency is trading at $83,747.4 at 08:43 (01:43 GMT) on the Investing.com Index on Tuesday, with the price falling 10.02% for the day. This marks the largest one-day percentage loss since November 9, 2022.
The downward trend has reduced Bitcoin's market capitalization to $1,690.2B, or 60.70% of the total cryptocurrency market capitalization. At its peak, Bitcoin's market cap was $2,101.5B.
Bitcoin has traded within a price range of $83,747.4 to $86,756.4 in the previous 24 hours.
Over the past seven days, Bitcoin has suffered a decline in value, decreasing by 7.31%. The volume of Bitcoin traded in the last 24 hours up to the time of writing is $70.1B or 41.11% of the total volume of all cryptocurrencies. The price has traded in the range of $78,329.7891 to $94,986.5000 in the last 7 days.
At the current price, Bitcoin has set a new all-time high at %ATH% on %ATH_date%.
Elsewhere in cryptocurrency trading
Ethereum cryptocurrency was last at $2,049.12 on the Investing.com Index, down 16.73% for the day.
Tether USDT is trading at $0.9999 on the Index, with a loss of 0.03%.
Ethereum's market capitalization stands at $253.5B or 9.10% of the total cryptocurrency market share, while Tether USDT's market cap reaches $142.4B or 5.11% of the total cryptocurrency market value.
