Monday was a record-breaking day for the crypto industry, with Bitcoin surging all day and reaching a new all-time high price mark above $89,000. But it wasn’t just the day that we saw Bitcoin’s highest price yet, but also its biggest single day ever for dollar gains.

Bitcoin jumped $8,343 over the course of the day Monday, from start to finish—and Galaxy Research data shows that it’s the largest single-day jump for the leading cryptocurrency when measured in U.S. dollars, citing data from crypto exchange Coinbase.

It started the day at $80,427.69 and wrapped up at $88,770.73, down slightly after jumping above the $89,000 mark. According to data from CoinGecko, Bitcoin peaked at $89,864 on Monday, coming close to breaching the $90,000 mark.

According to Galaxy, the previous single-day record was registered on February 8, 2021 as the price surged $7,576 in a single day, finishing the day at $46,448 after setting a then-peak price for Bitcoin. The third-largest spike came this year, on August 8, then Bitcoin jumped $6,561 over the course of the day.

Interestingly, while Monday set the record

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Author: Andrew Hayward