© Reuters Bitcoin Climbs 12% In Rally
Investing.com – was trading at $18,130.7 by 16:00 (21:00 GMT) on the Investing.com Index on Thursday, up 11.62% on the day. It was the largest one-day percentage gain since November 10.
The move upwards pushed Bitcoin’s market cap up to $335.6B, or 37.39% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.
Bitcoin had traded in a range of $15,799.3 to $18,138.2 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 13.66%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $91.0B or 54.39% of the total volume of all cryptocurrencies. It has traded in a range of $15,603.3389 to $21,464.7168 in the past 7 days.
At its current price, Bitcoin is still down 73.72% from its all-time high of $68,990.63 set on November 10, 2021.
Elsewhere in cryptocurrency trading
was last at $1,335.59 on the Investing.com Index, up 14.60% on the day.
was trading at $0.9982 on the Investing.com Index, a loss of 0.13%.
Ethereum’s market cap was last at $158.5B or 17.66% of the total cryptocurrency market cap, while Tether’s market cap totaled $68.4B or 7.62% of the total cryptocurrency market value.
