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Bitcoin is down 10% in a bearish trade
The value of Bitcoin experienced a decline of 10% in a bearish trading session
Bitcoin was trading at $26,014.9 at 17:50 (21:50 GMT) on Thursday, down 10.19% for the day. It was the greatest percentage decline in a single day since November 9, 2022.
The decline reduced Bitcoin's market cap to $537.6 billion, or 49.05% of the total cryptocurrency market worth. Bitcoin's market cap peaked at $1,275.5B.
In the recent twenty-four hours, Bitcoin traded in a range of $25,489.4 to $28,771.8.
Bitcoin's value has dropped by 6.13% during the last seven days. The volume of Bitcoin exchanged in the twenty-four hours to the time of writing was $21.7B, or 50.16% of total cryptocurrency volume. In the last 7 days, it has moved in a range of $25,489.3574 to $29,689.0352.
Bitcoin is still down 62.29% from its all-time high of $68,990.63, which was achieved on November 10, 2021.
Other aspects of cryptocurrency trading
On the Investing.com Index, Ethereum was last trading at $1,599.08, down 11.73% on the day.
Tether was trading at $0.9997 on the Investing.com Index, representing a 0.05% gain.
Tether's market cap was $82.9B, or 7.57% of the entire cryptocurrency market cap, whereas Ethereum's market cap was $205.2B, or 18.72% of the total cryptocurrency market cap.
Bitcoin drops 10% in a bearish trade 1.
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