Previous close | 0.732 |
Open | 0.732 |
Day's range | 0.73 - 0.732 |
52-week range | 0.7167 - 0.8858 |
Start date | 2015-02-25 |
Algorithm | N/A |
Market cap | 18.216B |
Circulating supply | 24.92B |
Max supply | N/A |
Volume | 70,261,719,040 |
Volume (24 hrs) | 70.26B |
Volume (24 hrs) all currencies | 70.26B |
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.