Investing.com - Bitcoin fell bellow the $8,727.8 level on Wednesday. Bitcoin was trading at 8,727.8 by 02:22 (15:22 GMT) on the Investing.com Index, down 0.11% on the day. It was the largest one-day percentage loss since Wednesday, March 4, 2020.
The move downwards pushed Bitcoin's market cap down to $159.4B, or 62.37% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.
Bitcoin had traded in a range of $8,681.3 to $8,840.3 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 3%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $37.3B or 25.33% of the total volume of all cryptocurrencies. It has traded in a range of $8,437.2441 to $8,968.3281 in the past 7 days.
At its current price, Bitcoin is still down 56.08% from its all-time high of $19,870.62 set on Sunday, December 17, 2017.
Elsewhere in cryptocurrency trading
Ethereum was last at $222.96 on the Investing.com Index, down 0.84% on the day.
XRP was trading at $0.23198 on the Investing.com Index, a loss of 0.54%.
Ethereum's market cap was last at $24.6B or 9.62% of the total cryptocurrency market cap, while XRP's market cap totaled $10.2B or 3.98% of the total cryptocurrency market value.