Bitcoin crashes, dropping 12%

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currencyjournals – Bitcoin was buying and selling at $53,275.3 on the currencyjournals Index as of 21:11 (01:11 GMT) on Monday, down 12.29% on the day, its greatest one-day proportion loss since Nov. 9, 2022.

This drop has lowered Bitcoin’s market cap to $1,105.9 billion, or 56.04% of the whole cryptocurrency market cap. Bitcoin’s market cap peaked at $1,435.8 billion.

Bitcoin has traded in a spread of $52,956.1 to $58,291.4 over the previous 24 hours.

Over the previous seven days, Bitcoin's worth has fallen by 18.43%. Bitcoin's buying and selling quantity within the 24 hours as much as the time of writing was $35.1 billion, accounting for 41.63% of the whole buying and selling quantity of all cryptocurrencies. Buying and selling quantity over the previous seven days ranged from $52,956.0898 to $66,998.3047.

At present costs, Bitcoin is down 27.75% from its all-time excessive of $73,740.90 recorded on March 14.

Different areas of cryptocurrency buying and selling

Ethereum was final buying and selling at $2,201.12 on the currencyjournals Index, down 24.47% from the day gone by.

Tether USDt was buying and selling at $0.9997 on the currencyjournals Index, up 0.01%.

Ethereum’s market capitalization was final reported at $301.1 billion, making up 15.26% of the whole cryptocurrency market capitalization, whereas Tether (USDT) had a mixed market capitalization of $114.5 billion, making up 5.80% of the whole cryptocurrency market capitalization.

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