Bitcoin was trading at $48,252.5 by 09:35 (14:35 GMT) on the Investing.com Index on Tuesday, down 10.03% on the day. It was the largest one-day percentage loss since February 23.
The move downwards pushed Bitcoin’s market cap down to $908.6B, or 61.85% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,071.2B.
Bitcoin had traded in a range of $45,093.8 to $54,115.0 in the previous twenty-four hours.
