In comparison, Bitcoin’s second-best daily gain occurred in August 2021, when the price rose over $7,576 in 24 hours, from $38,871 to $46,448.
Bitcoin is edging closer to the $90,000 mark after recording its largest daily gain in history.
The Bitcoin (BTC) price is nearing the $90,000 record high after staging the best weekly return since the March 2023 banking crisis in the United States.
After surpassing the $85,000 record high on Nov. 11, Bitcoin recorded its best daily gain in history, soaring over $8,400 in a single day, according to Alex Thorn, the head of research at Galaxy, who wrote in a Nov. 12 X post: