Bitcoin Climbs 11% In Rally

Bitcoin was trading at $70,689.0 by 15:02 (20:02 GMT) on the Investing.com Index on Friday, up 11.00% on the day. It was the largest one-day percentage gain since February 6.

The move upwards pushed Bitcoin’s market cap up to $1,415.1B, or 58.87% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $2,488.1B.

Bitcoin had traded in a range of $60,187.0 to $71,422.2 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 15.92%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $135.4B or 45.36% of the total volume of all cryptocurrencies. It has traded in a range of $60,187.0430 to $84,240.7813 in the past 7 days.

At its current price, Bitcoin is still down 4.14% from its all-time high of $73,740.90 set on March 14, 2024.

Elsewhere in cryptocurrency trading

Ethereum was last at $2,065.53 on the Investing.com Index, up 10.55% on the day.

Tether USDt was trading at $0.9994 on the Investing.com Index, a gain of 0.06%.

Ethereum’s market cap was last at $249.6B or 10.38% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $185.6B or 7.72% of the total cryptocurrency market value.