Bitcoin 10% in the face of investor confidence
Investing.com – Bitcoin was trading at $22,449.8 as of 05:19 (04:19 GMT) on the Investing.com Index Monday, up 10.13% on the day. This is the largest increase since November 10, 2022.
This progression pushed the total capitalization of Bitcoin to $431.3B, or 42.35% of the total market capitalization of cryptocurrencies. At its all-time high, Bitcoin’s capitalization reached $1,275.5B.
Bitcoin has evolved within a range extending from $21,904.3 to $22,542.5 over the past 24 hours.
Over the last 7 days, Bitcoin has shown a stagnation of only 0.31%. The trading volume on Bitcoin over the past 24 hours reached $33.6B or 45.64% of the total volume traded across all cryptocurrencies. It was contained in a range of $19,591.8281 to $22,542.5039 over the same period.
At its current price, Bitcoin is evolving 67.46% below its historic high of November 10, 2021 at $68,990.63.
Regarding other cryptocurrencies
Ethereum is currently trading at $1,596.47 according to Investing.com Index, up 9.21% on the day.
Tether is evolving for its part at $1.0037 according to Investing.com Index, a decrease of 0.39%.
Ethereum’s capitalization is currently $195.2B or 19.17% of the total cryptocurrency market capitalization, while Tether’s capitalization is at $72.9B or 7.16% of the crypto market total.