Bitcoin

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Bitcoin, the world's largest cryptocurrency by market capitalization, recorded its <a href="https://x.com/intangiblecoins/status/1856146168746479673" rel="noopener noreferrer nofollow">biggest daily gain</a> in history on Nov. 11.
The crypto king managed to add $8,343 to its price within a single day.
The previous record was set on Feb. 8, 2021. Back then, the leading cryptocurrency logged a daily gain of $7,576, surging from $38,871 to $46,448. This, of course, was the day when e-car maker Tesla stunned market participants by announcing a $1.5 billion Bitcoin purchase.
The next three biggest daily moves were all recorded during this year. In 2024, Bitcoin ETFs emerged as a powerful bullish narrative. Notably, spot Bitcoin ETFs have recorded $3.5 billion worth of inflows in just four trading sessions.
<h2 id="bitcoin-flips-silver">Bitcoin flips silver</h2>
On Monday, the largest cryptocurrency<a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">soared</a> to a new record high of $89,560, skyrocketing by nearly 30% within a single week.
The market cap of the world's leading cryptocurrency currently stands at $1.75 trillion.
Following the most recent price surge, Bitcoin has now<a href="https://companiesmarketcap.com/assets-by-market-cap/" rel="noopener noreferrer nofollow">managed to surpass</a> silver.
As<a href="https://u.today/bitcoin-price-skyrockets-to-85k-could-it-hit-850k" rel="noopener noreferrer nofollow">reported by U.Today</a>, Blockstream CEO Adam Back recently predicted that the largest cryptocurrency could also potentially surpass the market cap of gold during this cycle. <a href="https://u.today/bitcoin-records-biggest-daily-gain-in-history" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Bitcoin Records Biggest Daily Gain in History

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