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Bitcoin Climbs 12.58% In Bullish Trade

Published 02/03/2021, 02:30 am
Updated 02/03/2021, 02:30 am
© Reuters.  Bitcoin Climbs 12.58% In Bullish Trade

© Reuters. Bitcoin Climbs 12.58% In Bullish Trade

Investing.com - Bitcoin was trading at $48,846.5 by 02:28 (15:28 GMT) on the Investing.com Index on Monday, up 12.58% on the day. It was the largest one-day percentage gain since Monday, February 8, 2021.

The move upwards pushed Bitcoin's market cap up to $903.8B, or 60.89% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,071.2B.

Bitcoin had traded in a range of $45,008.8 to $48,852.9 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 4.84%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $53.0B or 40.09% of the total volume of all cryptocurrencies. It has traded in a range of $43,100.5703 to $54,115.0430 in the past 7 days.

At its current price, Bitcoin is still down 16.27% from its all-time high of $58,335.13 set on Sunday, February 21, 2021.

Elsewhere in cryptocurrency trading

Ethereum was last at $1,548.73 on the Investing.com Index, up 17.59% on the day.

Cardano was trading at $1.269062 on the Investing.com Index, a gain of 5.57%.

Ethereum's market cap was last at $176.6B or 11.89% of the total cryptocurrency market cap, while Cardano's market cap totaled $40.7B or 2.74% of the total cryptocurrency market value.

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