Bitcoin Climbs Above 11,316.7 Level, Up 6%
Investing.com - Bitcoin rose above the $11,316.7 threshold on Saturday. Bitcoin was trading at 11,316.7 by 18:56 (22:56 GMT) on the Investing.com Index, up 6.42% on the day. It was the largest one-day percentage gain since July 16.
The move upwards pushed Bitcoin's market cap up to $202.7B, or 68.56% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.
Bitcoin had traded in a range of $11,281.6 to $12,185.0 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 4.69%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $18.1B or 32.06% of the total volume of all cryptocurrencies. It has traded in a range of $10,568.7744 to $12,291.9395 in the past 7 days.
At its current price, Bitcoin is still down 43.05% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
Ethereum was last at $205.76 on the Investing.com Index, down 1.12% on the day.
XRP was trading at $0.29875 on the Investing.com Index, a gain of 1.29%.
Ethereum's market cap was last at $22.2B or 7.50% of the total cryptocurrency market cap, while XRP's market cap totaled $12.8B or 4.32% of the total cryptocurrency market value.
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