Bitcoin Climbs 10% In Bullish Trade
2022.05.13 08:06
Bitcoin Climbs 10% In Bullish Trade
Investing.com – Bitcoin was trading at $30,502.4 by 00:59 (04:59 GMT) on the Investing.com Index on Friday, up 10.09% on the day. It was the largest one-day percentage gain since February 28.
The move upwards pushed Bitcoin’s market cap up to $578.4B, or 44.64% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.
Bitcoin had traded in a range of $28,755.0 to $30,713.2 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 16.52%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $66.1B or 6.29% of the total volume of all cryptocurrencies. It has traded in a range of $26,500.5410 to $36,119.0000 in the past 7 days.
At its current price, Bitcoin is still down 55.79% from its all-time high of $68,990.63 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $2,090.37 on the Investing.com Index, up 10.24% on the day.
Tether was trading at $1.0013 on the Investing.com Index, a gain of 0.16%.
Ethereum’s market cap was last at $251.1B or 19.38% of the total cryptocurrency market cap, while Tether’s market cap totaled $79.3B or 6.12% of the total cryptocurrency market value.
