Previous close | 1.001 |
Open | 1.001 |
Day's range | 1.001 - 1.002 |
52-week range | 0.8995 - 1.0848 |
Start date | 2015-02-25 |
Algorithm | N/A |
Market cap | 24.93B |
Circulating supply | 24.92B |
Max supply | N/A |
Volume | 95,184,470,016 |
Volume (24 hrs) | 95.18B |
Volume (24 hrs) all currencies | 95.18B |
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.