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Bitcoin Climbs Above 11,005.9 Level, Up 6%

Investing.com - Bitcoin rose above the $11,005.9 threshold on Saturday. Bitcoin was trading at 11,005.9 by 13:09 (17:09 GMT) on the Investing.com Index, up 5.51% on the day. It was the largest one-day percentage gain since July 18.

The move upwards pushed Bitcoin's market cap up to $193.0B, or 64.96% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $10,462.0 to $11,005.9 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a drop in value, as it lost 4.19%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $19.2B or 31.04% of the total volume of all cryptocurrencies. It has traded in a range of $9,082.5625 to $11,448.7080 in the past 7 days.

At its current price, Bitcoin is still down 44.61% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $233.09 on the Investing.com Index, up 6.48% on the day.

XRP was trading at $0.33538 on the Investing.com Index, a gain of 5.63%.

Ethereum's market cap was last at $25.0B or 8.42% of the total cryptocurrency market cap, while XRP's market cap totaled $14.4B or 4.84% of the total cryptocurrency market value.

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