Cryptocurrency

Bitcoin’s value rises 10% as investors grow more confident in the cryptocurrency market.

Bitcoin Surges 10% Amid Investor Confidence Boost

Bitcoin’s Significant Price Increase

Bitcoin soared to $62,823.3 by 12:07 (17:07 GMT) on the Investing.com Index on Wednesday, marking a remarkable 10.19% increase in a single day. This surge represents the most substantial one-day percentage gain since October 23, 2023.

Market Cap and Trading Range

The upward movement propelled Bitcoin’s market cap to $1,227.8B, accounting for 53.39% of the total cryptocurrency market cap. At its peak, Bitcoin’s market cap reached $1,275.5B. The cryptocurrency traded between $56,704.9 and $62,823.3 within the previous twenty-four hours.

- Advertisement -

Week-long Performance and Trading Volume

Over the past week, Bitcoin’s value surged by 21.71%. The trading volume for Bitcoin in the twenty-four hours leading up to the current time was $56.0B, representing 44.62% of the total volume of all cryptocurrencies. Bitcoin’s price fluctuated between $50,537.60 and $62,823.27 in the last seven days.

Comparison to All-Time High

Despite its current price, Bitcoin remains 8.94% lower than its all-time high of $68,990.63 achieved on November 10, 2021.

Other Cryptocurrency Updates

Ethereum closed at $3,442.62 on the Investing.com Index, with a 6.48% increase for the day. Tether USDt traded at $1.0000 on the same index, registering a 0.03% gain. Ethereum’s market cap stood at $411.7B, representing 17.90% of the total cryptocurrency market cap, while Tether USDt’s market cap reached $98.5B or 4.28% of the total cryptocurrency market value.

Latest stories

- Advertisement - spot_img

You might also like...

Disclaimer : All investing Involves Risk. We are not affiliated with any platform that we use for advertising, product functionality, or communication. Our site is for educational use only and should not be considered as investment or financial advice. All indicators are developed by Bigbull trading indicators and sold exclusively at https://bigbulltradingindicator.com/. All products that are sold at https://bigbulltradingindicator.com/ are intended for assisting with making trading decisions and must not take as an official financial advice. The past performance doesn't guarantee any future results. Users must be aware of the risk when trading the Forex or the financial markets. Bigbull trading Indicator cannot accept responsibility for any exclusion or errors to the accuracy of information contained on this Site. We advocate that individual seek advice from professional and accredited financial advisor before completing any transaction. Please carefully consider your investment goals, risk and experience you have. It should be noted that trading or investment in Stock, Forex and all other market is subject to market risk, Don’t trade with money you can’t afford to lose, If you decide to invest real money, all trading decisions should be your own, there are no guarantees or certainties in trading, Most people lose money with trading without experience and proper knowledge, If you are looking for guaranteed income, trading or investment is not for you. We are not a registered investment adviser and we do not provide trading or investment advice or recommendations, we are also not regulated by the any financial authority, we will not provide any specific trading or investment advice and does not take into consideration the investment needs of any particular investor or investors. Nothing in this website should be construed as trading, investment, tax, legal or other advice. Signals generated by the Indicators, strategies, tools, programs, products and system are not investment recommendations. All materials on bigbulltradingindicator.com, as well as all system components including indicators, strategies, tools, programs, products, instruction manual, and systems are for educational purposes only, creators, suppliers, officers, directors, employees, advertisers, developers, sponsors, affiliates, representatives and agents of the Indicators, strategies, tools, products, programs and systems on bigbulltradingindicator.com will not take any warranties, responsibility for any profit or loss/damage caused by using the Indicators, strategies, tools, programs, products and systems, you may seek professional advice if required. bigbulltradingindicator.com and its creators, suppliers, officers, directors, employees, advertisers, developers, sponsors, affiliates, representatives and agents do not warrant that your use of the services, indicators, strategies, tools, programs, products, systems and instruction manual of bigbulltradingindicator.com and its affiliated sites will be uninterrupted, error-free, virus-free, secure, or harmful, we will not take any guarantee of the accuracy or completeness of any information we publish, any opinions that we publish may be wrong and may change at any time Use of our information, services, indicators, strategies, tools, programs, products, systems and instruction manual should be based on your own due diligence and you agree that we are not liable/ responsible for any success or failure of your business/investment/trading that is directly or indirectly related to the purchase and use of our services, indicators, strategies, tools, programs, products, systems and instruction manual. The internet and email is not 100% reliable. Sometime you will not receive an email/notification from us due to any technical error and we are not responsible for that, if you do not receive any expected email/update you may check your spam folder, we are not responsible for any communication failures You may find feedback/reviews/testimonials from clients and customers about the products and services offered on this website the results/reviews by these clients/customers are not necessarily typical and there is no guarantee of results that you or anyone else will get same result by using any information, services, indicators, strategies, tools, programs, products, systems and instruction manual offered by bigbulltradingindicator.com, past performance of any information, services, indicators, strategies, tools, programs, products, systems and instruction manual is not a guide to future performance. The information contained on this website is provided as-is, is subject to change without notice and no guarantee is made as to its accuracy, completeness or fitness for a particular purpose

© 2023 All Rights Reserved By BigBull Trading Indicators