Bitcoin rises 10% as investors gain confidence with

© Reuters.

© Reuters. Bitcoin rises 10% as investors gain confidence – It was trading at $ 37,422.2 as of 17:34 (22:34 GMT) Wednesday on the Index, representing a daily gain of 10.05%. It was the biggest one-day percentage gain since November 5, 2020. The move up pushed Bitcoin’s market cap up to $ 697.0B, or 68.98% of the total cryptocurrency market cap. At its highest level, Bitcoin’s market cap was $ 758.5B. Bitcoin had traded in a range of $ 32,451.9 to $ 37,764.6 in the last twenty-four hours. In the last seven days, Bitcoin has seen an increase in value, as it gained 3.74%. The volume of Bitcoin traded in the twenty-four hours as of this writing was $ 70.1B or 52.43% of the total volume of all cryptocurrencies. It has traded in a range of $ 30,411.5957 to $ 41,921.7188 in the last 7 days. At its current price, Bitcoin is still down 10.73% from its all-time high of $ 41,921.72 set on January 8. Elsewhere in cryptocurrency trading, it was last time $ 1,124.22 on the index, up 6.59% on the day. Tether was trading at $ 0.9999 on the index, a loss of 0.08%. Ethereum’s market capitalization was $ 129.5B or 12.82% of the total cryptocurrency market capitalization, while Tether’s market capitalization totaled $ 24.2B or 2.40% of the total cryptocurrency market value.

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