The move downwards pushed Bitcoin's market cap down to $916.6B, or 51.45% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,184.9B. Bitcoin had traded in a range of $48,788.3 to $52,099.9 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 21.82%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $82.6B or 31.90% of the total volume of all cryptocurrencies. It has traded in a range of $48,788.3008 to $62,509.1172 in the past 7 days.
At its current price, Bitcoin is still down 24.64% from its all-time high of $64,778.04 set on April 14.
The market dropped to attack 46242 support. A close under 46242 is bearish and warns for declines against 43128. Any minor corrective rebounds trapped inside yesterday’s downturn will remain setup for selloffs, attacking to drop below 46242.