Bitcoin Climbs 10% As Investors Gain Confidence

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Bitcoin Climbs 10% As Investors Gain Confidence
Investing.com - Bitcoin was trading at $56,434.8 by 20:38 (01:38 GMT) on the Investing.com Index on Saturday, up 10.01% on the day. It was the largest one-day percentage gain since February 8.

The move upwards pushed Bitcoin's market cap up to $1,047.9B, or 61.52% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,038.9B.

Bitcoin had traded in a range of $55,415.1 to $56,552.6 in the previous twenty-four hours.


Over the past seven days, Bitcoin has seen a rise in value, as it gained 18.5%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $64.7B or 38.41% of the total volume of all cryptocurrencies. It has traded in a range of $45,786.1250 to $56,552.5508 in the past 7 days.

At its current price, Bitcoin is still down 0.21% from its all-time high of $56,552.55 set on February 20.

Elsewhere in cryptocurrency trading
Ethereum was last at $1,948.67 on the Investing.com Index, up 1.76% on the day.

Binance Coin was trading at $291.4705 on the Investing.com Index, a gain of 35.03%.

Ethereum's market cap was last at $222.9B or 13.08% of the total cryptocurrency market cap, while Binance Coin's market cap totaled $47.8B or 2.80% of the total cryptocurrency market value.

Source: https://m.investing.com/news/cryptocurrency-news/bitcoin-climbs-10-as-investors-gain-confidence-2424450