© Reuters. Bitcoin Climbs 13% In Rally
Investing.com – Bitcoin was trading at $33,816.9 by 18:42 (22:42 GMT) on the Investing.com Index on Monday, up 12.56% on the day. It was the largest one-day percentage gain since October 23.
The move upwards pushed Bitcoin’s market cap up to $628.3B, or 52.16% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.
Bitcoin had traded in a range of $29,891.4 to $33,816.9 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 13.16%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $29.4B or 51.91% of the total volume of all cryptocurrencies. It has traded in a range of $28,096.8770 to $33,929.8516 in the past 7 days.
At its current price, Bitcoin is still down 50.98% from its all-time high of $68,990.63 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $1,756.25 on the Investing.com Index, up 7.33% on the day.
Tether USDt was trading at $1.0011 on the Investing.com Index, a gain of 0.05%.
Ethereum’s market cap was last at $208.4B or 17.30% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $84.2B or 6.99% of the total cryptocurrency market value.
