Bitcoin has experienced a significant surge, climbing 10.19% to trade at $62,823.3. This marks the most substantial one-day percentage gain since October 23, 2023.
The upward movement has elevated Bitcoin’s market capitalization to $1,227.8 billion, representing 53.39% of the total cryptocurrency market cap. Bitcoin’s market cap reached its highest point at $1,275.5 billion.
Over the past seven days, Bitcoin has demonstrated a notable increase in value, with a gain of 21.71%. The cryptocurrency recorded a trading volume of $56.0 billion in the twenty-four hours leading up to the current price, constituting 44.62% of the total volume of all cryptocurrencies. Bitcoin’s price fluctuated within a range of $50,537.6016 to $62,823.2695 over the past seven days.
Despite the recent surge, Bitcoin remains 8.94% below its all-time high of $68,990.63, set on November 10, 2021.