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Bitcoin sprints by 10% From Investing.com

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Bitcoin sprints by 10% From Investing.com

© Reuters Bitcoin sprint is 10%

Investing.com – Bitcoin was trading at $62,823.3 as of 6:07 pm (17:07 GMT) on the Investing.com Index on Wednesday, up 10.19% on the day. This is the largest single-day percentage growth since October 23, 2023.

The jump pushes Bitcoin’s market capitalization up to $1,227.8B, thus reaching 53.39% of the total cryptocurrency market. At its highs, the Bitcoin market had peaked at $1,275.5B.

In the previous 24 hours, the Bitcoin cryptocurrency was trading in a range between $56,704.9 and $62,823.3.

Over the past seven days, Bitcoin was seen rising with a gain of 21.71%. Bitcoin volume traded in the last 24 hours, at the time of writing, stands at $56.0B, representing 44.62% of the total volume of all cryptocurrencies. It had been trading within a range of $50,537.6016 to $62,823.2695 for the past 7 days.

At its current price, the price of Bitcoin is still 8.94% lower from its all-time high of $68,990.63 hit on November 10, 2021.

Meanwhile in the cryptocurrency market

Ethereum listed at $3,442.68 in the Investing.com Index, up 6.48%.

Tether USDt traded at $1.0000 in the Investing.com Index, gaining 0.03%.

The market capitalization of the Ethereum crypto was $411.7B, representing 17.90% of the total of all cryptocurrencies, while that of the Tether USDt crypto reached $98.5B and 4.28% of the total.

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