Bitcoin experienced a significant surge on Thursday, climbing 10.27% to reach $61,129.4 by 18:00 (22:00 GMT) on the Investing.com Index. This marks the cryptocurrency’s largest single-day percentage gain since August 8.
The upward movement boosted Bitcoin’s market capitalization to $1.179 trillion, representing 56.30% of the total cryptocurrency market cap. At its peak, Bitcoin’s market cap had reached $1.435 trillion.
In the previous 24 hours, Bitcoin traded within a range of $54,786.9 to $61,176.9. Despite the day’s gains, Bitcoin has seen a decline of 7.87% over the past week. The trading volume for Bitcoin within the 24-hour period reached $39.9 billion, accounting for 44.71% of the total cryptocurrency trading volume. Over the past seven days, Bitcoin has fluctuated between $49,486.91 and $65,567.13.
Currently, Bitcoin remains 17.10% below its all-time high of $73,740.90, set on March 14.
Other Cryptocurrencies:
Ethereum also saw gains, rising 11.66% to $2,636.95 on the Investing.com Index. Meanwhile, Tether USDt traded at $1.0004, showing a slight increase of 0.02%.
Ethereum’s market capitalization stood at $310.7 billion, making up 14.84% of the total cryptocurrency market cap. Tether USDt’s market cap was $115.1 billion, representing 5.50% of the market’s overall value.
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