Bitcoin cryptocurrency sank 11%

Bitcoin was trading at $ 50,340.3 on the Index at 08:02 (05:02 GMT) on Saturday, down 11.06% on the day. This was the most significant drop in cryptocurrency value since September 7th.

The drop also triggered a drop in Bitcoin's market cap to $ 947.4B, or 41.10% of the total cryptocurrency market cap. While earlier at the peaks, Bitcoin's capitalization was $ 1.275.5B.

In the past 24 hours, Bitcoin has traded in a range of $ 49,659.5 to $ 53,847.2.

Over the past 7 days, the Bitcoin cryptocurrency has experienced a fall in the rate within the range lost 8.06%. The volume of Bitcoin traded in the last 24 hours prior to the publication of this material was $ 41.5B or 29.49% of the total volume of all cryptocurrencies. It has traded in a range of $ 49.659.5391 to $ 59.174.4492 in the past 7 days.

At the moment, Bitcoin is still below 27.03% of its peak of $ 68.990.63, which was reached on November 10.

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