© Reuters. Bitcoin 11% in bullish market
Investing.com – Bitcoin was trading at $24,694.7 as of 06:11 (05:11 GMT) on the Investing.com Index on Tuesday, up 10.60% on the day. This is the largest increase since November 10, 2022.
This progression pushed the total capitalization of Bitcoin to $472.8B, or 43.68% 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 $23,994.6 to $24,705.2 over the past 24 hours.
Over the last 7 days, Bitcoin has posted an increase of +8.91%. The trading volume on Bitcoin in the last 24 hours reached $46.8B or 52.59% of the total volume traded across all cryptocurrencies. It was contained in a range of $19,591.8281 to $24,705.2266 over the same period.
At its current price, Bitcoin is evolving 64.21% below its historic high of November 10, 2021 at $68,990.63.
Regarding other cryptocurrencies
Ethereum is currently trading at $1,683.71 according to Investing.com Index, up 5.39% on the day.
Tether is evolving for its part at $1.0038 according to Investing.com Index, a decrease of 0.06%.
Ethereum’s capitalization is currently $205.6B or 19.00% of the total cryptocurrency market capitalization, while Tether’s capitalization is at $73.3B or 6.77% of the crypto market total.