U.S. Markets close in 1 hr 17 mins

Bitcoin Climbs Above 9,005.6 Level, Up 4%

Bitcoin Climbs Above 9,005.6 Level, Up 4%

Investing.com - Bitcoin rose above the $9,005.6 threshold on Tuesday. Bitcoin was trading at 9,005.6 by 19:40 (00:40 GMT) on the Investing.com Index, up 4.42% on the day. It was the largest one-day percentage gain since January 14.

The move upwards pushed Bitcoin's market cap up to $162.5B, or 64.41% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $8,866.6 to $9,006.9 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 3.09%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $28.3B or 26.61% of the total volume of all cryptocurrencies. It has traded in a range of $8,242.6260 to $9,006.9092 in the past 7 days.

At its current price, Bitcoin is still down 54.68% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $172.14 on the Investing.com Index, up 2.46% on the day.

XRP was trading at $0.23322 on the Investing.com Index, a gain of 0.89%.

Ethereum's market cap was last at $18.7B or 7.43% of the total cryptocurrency market cap, while XRP's market cap totaled $10.1B or 4.01% of the total cryptocurrency market value.

Related Articles

Ditto Music to Launch App Offering Speedy Blockchain Solution

Deutsche Bank: Cryptocurrencies Won’t Replace Cash ‘Anytime Soon’

E Pluribus Unum: Four Class-Action Suits Against Bitfinex Over 2017 BTC Price Now One