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Cryptocurrency Bitcoin dipped 30%

US, WASHINGTON (NEWS OBSERVATORY) — The Bitcoin cryptocurrency at 13:34 (10:34 GMT) on Friday traded at a price of $ 5.647.1 according to the Investing.com index, dropping 30.32% on that day. This was the most significant drop in the value of cryptocurrency since March 12.

The fall also provoked a reduction in the market capitalization of Bitcoin to $ 103.3B, or 0.00% of the total capitalization of all cryptocurrencies. While earlier at the peak, Bitcoin’s capitalization was $ 241.2B.

Over the past 24 hours, Bitcoin has been trading between $ 3.869.5 and $ 5.701.4.

Over the past 7 days, the cryptocurrency Bitcoin has felt a drop in the rate within the lost 37.94%. The amount of Bitcoin currency traded in the last 24 hours before the publication of this material amounted to $ 79.2B or 0.00% of the total volume of all cryptocurrencies. The course has ranged from $ 3.869.4661 to $ 9.180.7529 in the last 7 days.

Currently, Bitcoin is still below 71.58% of its peak value of $ 19,870.62, which was reached on December 17, 2017.

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Article is written and prepared by our foreign editors from different countries around the world – material edited and published by News Observatory staff in our US newsroom.