Bitcoin Dips Below 6,214.2 Level, Down 7%

Bitcoin Dips Below 6,214.2 Level, Down 7%

Investing.com - Bitcoin fell bellow the $6,214.2 level on Saturday. Bitcoin was trading at 6,214.2 by 13:22 (17:22 GMT) on the Investing.com Index, down 6.95% on the day. It was the largest one-day percentage loss since March 14.

The move downwards pushed Bitcoin's market cap down to $114.2B, or 0.00% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $6,085.1 to $6,374.3 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a stagnation in value, as it only moved 1%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $33.5B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $5,710.7993 to $6,930.2427 in the past 7 days.

At its current price, Bitcoin is still down 68.73% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $127.82 on the Investing.com Index, down 6.64% on the day.

XRP was trading at $0.17453 on the Investing.com Index, a loss of 0.70%.

Ethereum's market cap was last at $14.2B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $7.7B or 0.00% of the total cryptocurrency market value.

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