Bitcoin Climbs 10% In Rally By Investing.com

Investing.com – Bitcoin was trading at $56,662.4 by 21:08 (02:08 GMT) on the Investing.com Index on Tuesday, up 10.08% 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 $1,093.4B, or 51.64% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.

Bitcoin had traded in a range of $54,464.0 to $56,844.8 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 7.78%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $36.7B or 40.96% of the total volume of all cryptocurrencies. It has traded in a range of $50,537.6016 to $56,844.7734 in the past 7 days.

At its current price, Bitcoin is still down 17.87% from its all-time high of $68,990.63 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Ethereum was last at $3,253.29 on the Investing.com Index, up 4.72% on the day.

Tether USDt was trading at $0.9994 on the Investing.com Index, a loss of 0.09%.

Ethereum’s market cap was last at $387.1B or 18.28% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $98.1B or 4.63% of the total cryptocurrency market value.