Bitcoin’s price at 18:42 (22:42 GMT) on the Investing.com Index was $33,816.9, representing a 12.56% increase for the day.
This 13% increase in value was the largest one-day percentage gain for Bitcoin since October 23.
The market capitalization of Bitcoin rose to $628.3 billion, making up 52.16% of the total cryptocurrency market capitalization. At its peak, Bitcoin’s market cap had reached $1,275.5 billion.
Bitcoin’s price had traded within a range of $29,891.4 to $33,816.9 in the previous 24 hours.
Over the past week, Bitcoin had seen a 13.16% increase in value.
The trading volume of Bitcoin in the 24 hours leading up to the report was $29.4 billion, accounting for 51.91% of the total trading volume of all cryptocurrencies. Bitcoin’s price had ranged from $28,096.8770 to $33,929.8516 in the past 7 days.
Even with this increase, Bitcoin was still down 50.98% from its all-time high of $68,990.63, which was set on November 10, 2021.
Additionally, in other cryptocurrency trading:
Ethereum was trading at $1,756.25, experiencing a 7.33% increase for the day.
Tether (USDt) was trading at $1.0011, showing a gain of 0.05%.
Ethereum’s market capitalization was $208.4 billion, constituting 17.30% of the total cryptocurrency market capitalization, while Tether (USDt) had a market capitalization of $84.2 billion, making up 6.99% of the total cryptocurrency market value.
