Bitcoin’s 12% Price Rally on Thursday Was the Biggest Since February 2022

The cryptocurrency surged nearly 12% to $61,720 on Thursday alone, the biggest single-day UTC gain since Feb. 28, 2022, when prices rallied over 14%, according to charting platform TradingView. The total crypto market capitalization rose 11% to $2.11 trillion, the biggest jump since Nov. 10, 2022.

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