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Bitcoin Falls 11% In Selloff

Published 09/07/2021, 11:09 AM
Updated 09/07/2021, 11:09 AM
© Reuters. Bitcoin Falls 11% In Selloff

Investing.com - Bitcoin was trading at $45,840.6 by 11:07 (15:07 GMT) on the Investing.com Index on Tuesday, down 11.19% on the day. It was the largest one-day percentage loss since September 7.

The move downward pushed Bitcoin's market cap to $919.1 billion, or 42.58% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,184.9 billion.

Bitcoin had traded in a range of $45,840.6 to $52,885.3 in the previous 24 hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 3.38%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $48.7 billion or 29.28% of the total volume of all cryptocurrencies. It has traded in a range of $45,840.6055 to $52,885.3477 in the past 7 days.

At its current price, Bitcoin is still down 29.23% from its all-time high of $64,778.04 set on April 14.

Elsewhere in cryptocurrency trading

Ethereum was last at $3,440.22 on the Investing.com Index, down 12.38% on the day.

Cardano was trading at $2.2431 on the Investing.com Index, a loss of 21.52%.

Ethereum's market cap was last at $413.9 billion or 19.18% of the total cryptocurrency market cap, while Cardano's market cap totaled $78.4 billion or 3.63% of the total cryptocurrency market value.

Latest comments

Stocks are next, specially tech, with Housing prices.
Because this Market Level is a Joke ...
wow 😣😣😣
watch solana
Crypto is future. Institutional buyers use fear technique to retail investors for them to buy at lower price . My take on: November BTC will be 100k
November 2121 u mean
Im not buying Btc but anyone betting against it long term should also bet all their money against Alabama
tell me the history or bank notes and state issued currency.... they all disappeared. #1 feds will catch on to how dangerous it is and outlaw it. #2 I'm sure governments will make their own. like in Rome when there was gold for the legion and tin money for the citizens.
go to try your luck at the casino at list you can have more fun!.....
stock market you mean, best casino ever
Howdy yo
Howdy
it's going to 200 k. I mean el Salvador adopted it so must be great
El Salvador us a peanut in the financial world
you dont see the /s do you?
Niki Niki 😂
new the business partner is very poor do something
much needed correction. Now it is heading to 70,000
no ! its heading to 700000 rupees.
Rubbish, sell while you can, it worth 0
Bitcoin corrected 17% today, now turn for all other asset classes.
buy the dip!
Let me guess. You didnt get the news until now, and you didnt sell your crypto before it dropped.
  I´m holding forever my little friend.
People looking for news explaining the drop. This is one Bitcoin Crashes as El Salvador Adoption Price Pump Falters https://www.bloomberg.com/news/articles/2021-09-07/bitcoin-crashes-as-el-salvador-adoption-price-pump-falters
hello
hello there
how are you doing my friend
Paulson ( The Great Short) said that "BITCOIN is a short supply ...of nothing!" It has the same risk/reward as Black or Red in a Casino! Because of its volatility it cannot be a store of value ( those who bought at $60 000 will confirm) or a medium of exchange ( As Tesla found out) In other words it is merely a speculative instrument and does not belong in any true investment portfolio.
Panic buying guyss. We are not rich in one day
fantastic
biycoin fantastic
Wow fantastic
Everyone moving to Solana
I have studied this question very beep. I am convinced that Cordano has the biggest potential of all. Slowly but surely it will gain lots of value. But solana is definitely a proven stable pace grows. It is just that I don't expect it to surprise in any further way. But I hold this one too. I first selected Solana.
See you next time, leverage traders! 😁😄
Back to 30,000. The party is over.
no way
Elon probably had prop up Tesla stock so he probably sold his remaining coins, lol!
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