Bitcoin Climbs Above 8,543.7 Level, Up 5%


Investing.com - Bitcoin rose above the $8,543.7 threshold on Tuesday. Bitcoin was trading at 8,543.7 by 23:03 (04:03 GMT) on the Investing.com Index, up 4.94% on the day. It was the largest one-day percentage gain since January 14.

The move upwards pushed Bitcoin's market cap up to $153.2B, or 66.64% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $8,112.1 to $8,543.7 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 7.27%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $26.6B or 30.07% of the total volume of all cryptocurrencies. It has traded in a range of $7,697.6948 to $8,543.6943 in the past 7 days.

At its current price, Bitcoin is still down 57.00% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $150.26 on the Investing.com Index, up 4.41% on the day.

XRP was trading at $0.21883 on the Investing.com Index, a gain of 3.17%.

Ethereum's market cap was last at $16.2B or 7.06% of the total cryptocurrency market cap, while XRP's market cap totaled $9.4B or 4.09% of the total cryptocurrency market value.

Source: https://www.investing.com/