currencyjournals – On the currencyjournals index on Wednesday, Bitcoin was buying and selling at $62,823.3 by 12:07 (17:07 GMT), up 10.19% on the day. This was the biggest single-day enhance since October 23, 2023.

With this enhance, Bitcoin's market capitalization reached $1,227.8 billion, which was 53.39% of the entire cryptocurrency market capitalization. At its peak, Bitcoin's market capitalization was $1.2755 trillion.

Bitcoin traded between $56,704.9 and $62,823.3 up to now 24 hours.

Over the previous 7 days, Bitcoin's worth has elevated by 21.71%. The quantity of Bitcoin traded within the 24 hours as much as the time of this writing was $56 billion, making it 44.62% of the entire quantity of all cryptocurrencies. The buying and selling value for the previous 7 days has ranged from $50,537.6016 to $62,823.2695.

On the present value, Bitcoin remains to be down 8.94% from its all-time excessive of $68,990.63 on November 10, 2021.

Elsewhere for cryptocurrency buying and selling

The final value of Ethereum on the currencyjournals index was $3,442.62, up 6.48% on the day.

Tether USDt was buying and selling at $1.0000, up 0.03% on the currencyjournals index.

Ethereum's market cap was final valued at $411.7 billion or 17.90% of the entire crypto market, whereas Tether USDt's market cap totaled $98.5 billion or 4.28% of the entire crypto market.