Bitcoin Hits New All-Time High, Surges Over 10% in a Day

Bitcoin soared to $93,863.5 by 12:40 (17:40 GMT) on Sunday, marking a 10.15% gain—the largest one-day percentage jump since November 2024. The surge boosted Bitcoin’s market cap to $1.83 trillion, representing 59.27% of the total cryptocurrency market. The digital asset traded between $85,069.3 and $93,876.5 in the past 24 hours.

Despite this rally, Bitcoin remains down 3.39% over the past week, having fluctuated between $78,329.79 and $96,497.92. Trading volume in the last 24 hours reached $38.7 billion, accounting for 31.31% of all crypto transactions. At its current price, Bitcoin has set a new all-time high, reflecting strong investor demand.

Ethereum followed suit, climbing 12.62% to $2,474.86. Its market cap reached $297.8 billion, making up 9.66% of the total crypto market. Meanwhile, XRP surged 37.74% to $2.9509, with a market cap of $165.6 billion, representing 5.37% of the crypto market value.

The recent surge in Bitcoin and altcoins signals renewed bullish sentiment in the market. With increasing institutional interest and growing adoption, the crypto sector continues to attract attention. Traders and investors are closely monitoring price action, especially with Bitcoin reaching record highs.