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Bitcoin Climbs 10% In Bullish Trade

Published 03/13/2023, 12:20 AM
© Reuters.  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.

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