Cryptocurrency Market Surges As Bitcoin Increases 10%

Published: – Cryptocurrency markets gained significant traction on Monday, as Bitcoin surged 10.13% on the Index.

This marked the largest one-day percentage gain for the cryptocurrency since November 10, 2022, pushing its market capitalization to $431.3B, or 42.35% of the total cryptocurrency market cap.

Bitcoin traded in a range of $21,904.3 to $22,542.5 in the previous twenty-four hours, before reaching its current price of $22,449.8. Over the past seven days, its value has stalled, rising only 0.31%. Volume for the cryptocurrency has been estimated at $33.6B or 45.64% of the total volume of all cryptocurrencies.

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

h2 Elsewhere in cryptocurrency trading/h2

Ethereum was last at $1,600.67 on the Index, up 9.21% on the day. Its market capitalization was last at $195.2B or 19.17% of the total cryptocurrency market cap.

Tether was trading at $1.0037 on the Index, a slight dip of 0.39%. Its market capitalization totaled $72.9B or 7.16% of the total cryptocurrency market value.

Get The Inside Scoop

Stay up to date with personalized news that matters to you.

Get The App

Related articles

Recent articles