Bitcoin Climbs 10% As Investors Gain Confidence
Bitcoin was trading at $22,909.4 by 20:14 (00:14 GMT) on the Investing.com Index on Tuesday, up 10.22% on the day. It was the largest one-day percentage gain since February 28.
The move upwards pushed Bitcoin's market cap up to $427.2B, or 41.33% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,275.5B.
Bitcoin had traded in a range of $22,266.1 to $22,909.4 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 12.09%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $40.4B or 41.36% of the total volume of all cryptocurrencies. It has traded in a range of $18,942.2012 to $22,909.4102 in the past 7 days.
At its current price, Bitcoin is still down 66.79% from its all-time high of $68,990.63 set on November 10, 2021.
Source : investing.com