Bitcoin Climbs 10% In Bullish Trade

Bitcoin Climbs 10% In Bullish Trade

Investing.com - Bitcoin was trading at $36,555.2 by 07:37 (12:37 GMT) on the Investing.com Index on Tuesday, up 10.05% on the day. It was the largest one-day percentage gain since June 9, 2021.

The move upwards pushed Bitcoin's market cap up to $690.3B, or 41.95% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,275.5B.

Our top trading bots

Bitcoin had traded in a range of $35,729.3 to $36,717.6 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 12.79%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $42.2B or 35.69% of the total volume of all cryptocurrencies. It has traded in a range of $32,985.5508 to $43,487.1367 in the past 7 days.

At its current price, Bitcoin is still down 47.01% from its all-time high of $68,990.63 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Ethereum was last at $2,437.18 on the Investing.com Index, up 11.16% on the day.

Tether was trading at $1.0004 on the Investing.com Index, a gain of 0.01%.

Ethereum's market cap was last at $290.3B or 17.64% of the total cryptocurrency market cap, while Tether's market cap totaled $78.3B or 4.76% of the total cryptocurrency market value.

Continue reading about Investing.com
Self-made wealth more likely to flow into crypto than inherited: Report
Self-made wealthy individuals worldwide appear more likely to invest in cryptocurrencies like Bitcoin (BTC) as opposed to those whose wealth is mostly inherited,...
Aave launches Web3 social media platform, Lens Protocol
Aave (AAVE), the decentralized finance lending platform, launched the Lens Protocol ecosystem on the Polygon (MATIC) blockchain as their way to challenge...
Price analysis 1/19: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) and select altcoins are showing signs of some buying near support levels. According to Arcane Research, the seven-day average real Bitcoin...
El Salvador stacks 150 Bitcoin after BTC price crashes below $50k
The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in...
Friday’s jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally
Bitcoin (BTC) has been trading in a descending channel pattern since its $67,000 all-time high on Oct. 20, which was just one day after ProShares’ Bitcoin...
DBS Bank joins Hedera blockchain’s governing council
The Hedera Governing Council has welcomed Singapore’s oldest bank, DBS Bank, as its newest member, making it the first Southeast Asian lender to join the...
Global CBDC bridge needs public and private cooperation, says BIS
The Bank for International Settlements (BIS) continues investigating the development of the global central bank digital currency (CBDC), publishing a new...
Signs of fear emerge as Ethereum price drops below $3,000 again
Technical analysis is a controversial topic, but higher lows are commonly interpreted as a sign of strength. On Sept. 28, Ether (ETH) might be 30% below...
$50K BTC price vs. the Fed — 5 things to watch in Bitcoin this week
Bitcoin (BTC) is back at $50,000 as a new week gets underway with a bang.After a strong weekend, Bitcoin finally crossed the long-awaited $50,000 mark overnight...
Crypto experts see Bitcoin replacing fiat money in 20 years
Bitcoin's (BTC) current price slump has failed to dampen some experts' optimism regarding the world’s biggest cryptocurrency. In a new survey by personal...
InComm Payments merchants can now accept crypto through Flexa
Incomm Payments, a global payments provider with over 500,000 points of distribution, has entered into a partnership with Flexa that allows merchants to...
Goldman Sachs’ crypto trading desk expands to Ether
United States investment bank Goldman Sachs is planning to offer Ether (ETH) derivatives products in the coming months, setting the stage for wider adoption...
Yale Economists Say Bitcoin May Become Worthless
It is probable bitcoin will lose it all. There is a 0.4 % chance that the world’s most known cyber-coin. Which soared from below $1,000 at the beginning...
Lenovo’s New Patent Shows Its Interest in Using Blockchain For Validating Docs
Blockchain faces more adoption from the world tech giants. Recently, the Chinese multinational tech company Lenovo submitted an application to the U.S....
Goldman Sachs Cautions Rich Clients on Crypto Craze, Belittles Bitcoin
With the correction which occurred on the crypto market last week, the talks about the start of a huge crash (so-called ‘bubble-bursting’) stirred up....