Bitcoin rises 10% as traders acquire confidence

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currencyjournals – On the currencyjournals index on Wednesday, Bitcoin was buying and selling at $67,022.7 by 15:09 (20:09 GMT), up 10.07% on the day. This was the most important single-day enhance since October 23, 2023.

With this enhance, Bitcoin's market capitalization reached $1,313.9 billion, which amounted to 52.29% of the cryptocurrency market capitalization. At its peak, Bitcoin's market capitalization was $1,333.8 billion.

Over the previous 24 hours, Bitcoin has traded between $62,848.7 and $67,604.9.

Over the previous 7 days, the worth of Bitcoin has elevated by 9.61%. The quantity of Bitcoin traded within the 24 hours as much as the time of this writing was $82.4 billion, or 38.72% of the full quantity of all cryptocurrencies. The buying and selling worth for the previous 7 days has ranged from $60,138.2031 to $69,063.0938.

At present costs, Bitcoin remains to be down 2.95% from its all-time excessive of $69,063.09 on March fifth.

Elsewhere for cryptocurrency buying and selling

Ethereum’s final worth on the currencyjournals index was $3,875.45, a rise of 15.40% on the day.

Tether USDt was buying and selling at $1.0012, up 0.15% on the currencyjournals index.

Ethereum’s market cap was final valued at $463.8 billion or 18.46% of the crypto market cap, whereas Tether USDt’s market cap totaled $100.6 billion or 4.00% of the crypto market cap.

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