Bitcoin Climbs 11% In Rally By Investing.com

Investing.com – Bitcoin was trading at $29,907.4 by 09:30 (13:30 GMT) on the Investing.com Index on Monday, up 11.34% on the day. It was the largest one-day percentage gain since February 28, 2022.

The move upwards pushed Bitcoin’s market cap up to $545.1B, or 50.38% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.

Bitcoin had traded in a range of $27,119.7 to $29,907.4 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a stagnation in value, as it only moved 1.84%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $14.4B or 38.64% of the total volume of all cryptocurrencies. It has traded in a range of $26,558.3848 to $29,907.3828 in the past 7 days.

At its current price, Bitcoin is still down 56.65% from its all-time high of $68,990.63 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Ethereum was last at $1,635.10 on the Investing.com Index, up 5.25% on the day.

Tether USDt was trading at $1.0003 on the Investing.com Index, a gain of 0.00%.

Ethereum’s market cap was last at $190.6B or 17.62% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $83.6B or 7.73% of the total cryptocurrency market value.