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Bitcoin Climbs 12% In Bullish Trade

CryptocurrencyJul 25, 2021 09:03PM ET
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© Reuters. Bitcoin Climbs 12% In Bullish Trade

Investing.com - Bitcoin was trading at $37,955.8 by 21:01 (01:01 GMT) on the Investing.com Index on Monday, up 12.21% on the day. It was the largest one-day percentage gain since February 8.

The move upwards pushed Bitcoin's market cap up to $681.5B, or 46.69% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,184.9B.

Bitcoin had traded in a range of $35,236.7 to $37,971.1 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 14.91%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $22.6B or 33.02% of the total volume of all cryptocurrencies. It has traded in a range of $29,310.1621 to $37,971.0820 in the past 7 days.

At its current price, Bitcoin is still down 41.41% from its all-time high of $64,778.04 set on April 14.

Elsewhere in cryptocurrency trading

Ethereum was last at $2,300.69 on the Investing.com Index, up 6.92% on the day.

Tether was trading at $1.0009 on the Investing.com Index, a gain of 0.00%.

Ethereum's market cap was last at $262.7B or 18.00% of the total cryptocurrency market cap, while Tether's market cap totaled $61.8B or 4.24% of the total cryptocurrency market value.

Bitcoin Climbs 12% In Bullish Trade
 

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Comments (2)
Timothy Goodson
Timothy Goodson Jul 25, 2021 11:51PM ET
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pump and dump. per the usual
Greg Li
Greg Li Jul 25, 2021 9:30PM ET
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This story is worthless, (Bullish )what other kind of trade would it be? How about find out why its going up.
Edward Chong
Edward Chong Jul 25, 2021 9:30PM ET
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becos there is no economic value in this asset class. so there is no story in it. its juz pure gambling for this crypto.
Kevin Salsavage
Kevin Salsavage Jul 25, 2021 9:30PM ET
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Rumored Amazon will start taking bitcoin for purchases.
Kevin Salsavage
Kevin Salsavage Jul 25, 2021 9:30PM ET
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Actually, Amazon is rumored to start taking bitcoin. I say that's pretty big news.
Tommy Rommazontz
Tommy Rommazontz Jul 25, 2021 9:30PM ET
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stick to your video game Eddie. you clearly are out of your comfort zone. Don't embarrass yourself any further.
Thomas Johnson
Thomas Johnson Jul 25, 2021 9:30PM ET
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good point Kevin. also, the dollar is deflating at a high rate. which would you rather own a deflating dollar or an inflating crypto?
 
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