Bitcoin surged 10.29% over the past 24 hours to trade at $78,961.40 as of 05:58 GMT on Tuesday, marking its largest single-day gain since February 6. The cryptocurrency reached a peak of $78,969.40 during the session, following a 24-hour range of $73,025.40 to $78,969.40.
Over the past seven days, Bitcoin has climbed 23.48%, with price action spanning from $62,707.19 to $78,969.41. The digital asset’s market capitalization expanded to $1.56 trillion, representing 59.99% of the total cryptocurrency market cap. Bitcoin’s current valuation also places it at a new all-time high, according to the data.
Trading activity intensified, with 24-hour volume reaching $61.7 billion, accounting for 43% of the aggregate crypto market turnover. Bitcoin’s dominance in the sector has steadily increased, though it remains below its historical peak market cap of $2.49 trillion.
Among major altcoins, Ethereum advanced 6.96% to $2,442.11, with a market cap of $289.8 billion, or 11.17% of the total crypto market. Tether, the largest stablecoin by market value, traded at $1.0001, up 0.05%, with a valuation of $183.0 billion, representing 7.06% of invested funds in the crypto ecosystem.
The article also highlighted promotional content referencing an AI-driven investment strategy, ProPicks AI, launched in November 2023, which claimed to have outperformed the S&P 500 since inception. The strategy cited gains of 231.5% for Siemens Energy and 189% for Sandisk as examples of its performance.
