Bitcoin Climbs 10% In Bullish Trade
Investing.com – Bitcoin was trading at $22,449.8 by 00:19 (04:19 GMT) on the Investing.com Index on Monday, up 10.13% 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 $431.3B, or 42.35% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.
Bitcoin had traded in a range of $21,904.3 to $22,542.5 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a stagnation in value, as it only moved 0.31%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $33.6B or 45.64% of the total volume of all cryptocurrencies. It has traded in a range of $19,591.8281 to $22,542.5039 in the past 7 days.
At its current price, Bitcoin is still down 67.46% from its all-time high of $68,990.63 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $1,600.67 on the Investing.com Index, up 9.21% on the day.
Tether was trading at $1.0037 on the Investing.com Index, a loss of 0.39%.
Ethereum’s market cap was last at $195.2B or 19.17% of the total cryptocurrency market cap, while Tether’s market cap totaled $72.9B or 7.16% of the total cryptocurrency market value.