© Reuters Bitcoin Climbs 10% As Investors Gain Confidence
Investing.com – Bitcoin was trading at $67,022.7 by 15:09 (20:09 GMT) on the Investing.com Index on Wednesday, up 10.07% on the day. It was the largest one-day percentage gain since October 23, 2023.
The move upwards pushed Bitcoin’s market cap up to $1,313.9B, or 52.29% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,333.8B.
Bitcoin had traded in a range of $62,848.7 to $67,604.9 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 9.61%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $82.4B or 38.72% of the total volume of all cryptocurrencies. It has traded in a range of $60,138.2031 to $69,063.0938 in the past 7 days.
At its current price, Bitcoin is still down 2.95% from its all-time high of $69,063.09 set on March 5.
Elsewhere in cryptocurrency trading
Ethereum was last at $3,875.45 on the Investing.com Index, up 15.40% on the day.
Tether USDt was trading at $1.0012 on the Investing.com Index, a gain of 0.15%.
Ethereum’s market cap was last at $463.8B or 18.46% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $100.6B or 4.00% of the total cryptocurrency market value.