Bitcoin falls 6.7% in a week to $73,920, 41% below its ATH

Key points

  • Bitcoin is down 6.7% over the past seven days and trades at $73,920
  • BTC sits 41.4% below its all-time high of $126,080
  • ETH lost 12.7% in a week, almost double Bitcoin's decline
Alex Numeris
Alex Numeris•
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Metric

Value

BTC price

$73,920

24h change

+0.9%

7-day change

-6.7%

Distance from ATH

-41.4%

24h volume

$27.4B

Bitcoin trades at $73,920 on Wednesday, down 6.7% over the past seven days, according to CoinGecko data. The decline leaves BTC 41.4% below its all-time high, while ETH has lost almost twice as much over the same period.

Where the price stands

Metric

Value

BTC price

$73,920

24h change

+0.9%

7-day change

-6.7%

Market cap

$1.49T

24h volume

$27.4B

All-time high

$126,080

The 0.9% gain over the last 24 hours does not offset the 6.7% weekly loss. The $27.4B in trading volume equals 1.8% of the $1.49T market cap.

Distance from the all-time high

  • Current price: $73,920
  • All-time high: $126,080
  • Gap: $52,160, or -41.4%
  • Gain needed for a new ATH: +70.6%

Ethereum falls harder

Coin

Price

24h

7d

vs ATH

BTC

$73,920

+0.9%

-6.7%

-41.4%

ETH

$2,073.23

+2.2%

-12.7%

-58.1%

ETH lost 12.7% over the past seven days against 6.7% for BTC and sits 58.1% below its all-time high of $4,946.05. Its 24-hour bounce is larger, though: +2.2% versus +0.9% for BTC.

ETH market cap stands at $253.4B, roughly 17% of Bitcoin's. Its $10.1B in 24-hour volume equals 4.0% of market cap, more than twice the ratio for BTC.

What it means for you

If you hold BTC, the $70,000 level sits $3,920 below the current price, a 5.3% drop. The past seven days already delivered a larger move at 6.7%, so a leveraged long can fall through that level on a swing of the size just recorded.

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