Bitcoin Climbs 10% In Rally
Bitcoin was trading at $71,021.6 by 04:11 (08:11 GMT) on the Investing.com Index on Thursday, up 10.27% on the day. It was the largest one-day percentage gain since February 6.
The move upwards pushed Bitcoin’s market cap up to $1,399.7B, or 58.94% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $2,488.1B.
Bitcoin had traded in a range of $68,898.5 to $71,021.6 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 9.3%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $55.6B or 41.94% of the total volume of all cryptocurrencies. It has traded in a range of $62,553.6641 to $71,026.5000 in the past 7 days.
At its current price, Bitcoin is still down 3.69% from its all-time high of $73,740.90 set on March 14, 2024.
Elsewhere in cryptocurrency trading
Ethereum was last at $2,273.78 on the Investing.com Index, up 18.32% on the day.
Tether USDt was trading at $0.9996 on the Investing.com Index, a loss of 0.01%.
Ethereum’s market cap was last at $271.4B or 11.43% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $183.0B or 7.70% of the total cryptocurrency market value.
