The Bitcoin cryptocurrency fell below $6.963.7 on Wednesday. During the day, the Bitcoin was trading at 6.963.7 at 9:03 GMT according to the Investing.com index, dropping by 2.97%. This was the largest currency depreciation since November 24.
The downward movement reduced the market capitalization of Bitcoin to $129.3B, or to 65.04% of the total capitalization of all cryptocurrencies. Earlier at the highest value, the market capitalization of the Bitcoin cryptocurrency was $241.2B.
The Bitcoin cryptocurrency has been trading at between $6.961.4 and $7.183.8 in the past 24 hours. Over the past 7 days, the Bitcoin has shown a drop in value by 12.25%. The Bitcoin volume over the past 24 hours has amounted to $18.4B or 28.76% of the total volume of all cryptocurrencies. It has been trading at between $6.534.7690 and $8.129.6040 over the past 7 days.
At the moment, the Bitcoin still showed below 64.95% of its peak value, amounting to $19.870.62, which were reached on December 17, 2017.