Bitcoin Climbs 10% As Investors Gain Confidence
Investing.com - Bitcoin was trading at $4,603.6 by 01:17 (05:17 GMT) on the Investing.com Index on Tuesday, up 10.20% on the day. It was the largest one-day percentage gain since April 2.
The move upwards pushed Bitcoin's market cap up to $81.0B, or 51.30% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.
Bitcoin had traded in a range of $4,143.5 to $4,603.6 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 15.97%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $12.1B or 29.78% of the total volume of all cryptocurrencies. It has traded in a range of $3,936.1614 to $4,603.6401 in the past 7 days.
At its current price, Bitcoin is still down 76.83% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
Ethereum was last at $148.19 on the Investing.com Index, up 3.62% on the day.
XRP was trading at $0.32966 on the Investing.com Index, a gain of 5.80%.
Ethereum's market cap was last at $15.8B or 10.02% of the total cryptocurrency market cap, while XRP's market cap totaled $13.7B or 8.66% of the total cryptocurrency market value.
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