Previous close | 73.09 |
Open | 73.09 |
Day's range | 73.075 - 73.137 |
52-week range | 66.91 - 80.88 |
Start date | 2015-02-25 |
Algorithm | N/A |
Market cap | 1.811T |
Circulating supply | 24.78B |
Max supply | N/A |
Volume | 6,599,894,630,400 |
Volume (24 hrs) | 6.60T |
Volume (24 hrs) all currencies | 6.60T |
A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin's biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency's notorious volatility.
"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.
Despite a bounce earlier on Friday, bitcoin may yet see further losses in the near term.