Bitcoin Rises 10% as Investors Gain Confidence (from Investing.com).

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© Reuters Bitcoin rises 10% as investor confidence grows

Investing.com – Bitcoin was trading at $67,022.7 on the Investing.com Index as of 3:09 p.m. (20:09 GMT) on Wednesday, up 10.07% on the day. It was the largest daily percentage increase since October 23, 2023.

The bullish move pushed Bitcoin’s market cap to $1,313.9 billion, or 52.29% of the total cryptocurrency market cap. Bitcoin’s highest market cap was $1,333.8 billion.

Bitcoin traded in a range of $62,848.7 to $67,604.9 in the last 24 hours.

Over the last seven days, Bitcoin recorded a 9.61% increase in value. Bitcoin volume traded in the 24 hours to press time was $82.4 billion, or 38.72% of the total volume of all cryptocurrencies. The trading price has been in a range of $60,138.2031 to $69,063.0938 in the last 7 days.

At the current price, Bitcoin is still 2.95% below its all-time high of $69,063.09 set on March 5.

Elsewhere in cryptocurrency trading

Ethereum was last at $3,875.45 on the Investing.com Index, up 15.40% on the day.

Tether USDt was trading at $1.0012 on the Investing.com index, up 0.15%.

Ethereum’s market cap most recently stood at $463.8 billion, or 18.46% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $100.6 billion, or 4.00% of the total cryptocurrency market cap .

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