© Reuters. Bitcoin Climbs 10.02% In Rally
Investing.com – Bitcoin was trading at $24,422.2 by 00:11 (00:11 GMT) on the Investing.com Index on Thursday, up 10.02% on the day. It was the largest one-day percentage gain since November 10, 2022.
The move upwards pushed Bitcoin’s market cap up to $468.9B, or 42.48% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.
Bitcoin had traded in a range of $24,293.7 to $24,422.2 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 5.95%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $32.5B or 50.05% of the total volume of all cryptocurrencies. It has traded in a range of $21,418.7227 to $24,544.6133 in the past 7 days.
At its current price, Bitcoin is still down 64.60% from its all-time high of $68,990.63 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $1,692.89 on the Investing.com Index, up 8.12% on the day.
Tether was trading at $0.9999 on the Investing.com Index, a loss of 0.03%.
Ethereum’s market cap was last at $204.8B or 18.56% of the total cryptocurrency market cap, while Tether’s market cap totaled $69.5B or 6.30% of the total cryptocurrency market value.