Bitcoin Climbs Above 11,254.0 Level, Up 4%

Investing.com - Bitcoin rose above the $11,254.0 threshold on Tuesday. Bitcoin was trading at 11,254.0 by 01:01 (05:01 GMT) on the Investing.com Index, up 3.76% on the day. It was the largest one-day percentage gain since June 22.

The move upwards pushed Bitcoin's market cap up to $199.1B, or 59.61% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $11,033.7 to $11,255.7 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 21.06%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $19.7B or 30.49% of the total volume of all cryptocurrencies. It has traded in a range of $9,043.9854 to $11,361.2832 in the past 7 days.

At its current price, Bitcoin is still down 43.36% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $314.26 on the Investing.com Index, up 1.99% on the day.

XRP was trading at $0.47231 on the Investing.com Index, a gain of 1.80%.

Ethereum's market cap was last at $33.4B or 9.99% of the total cryptocurrency market cap, while XRP's market cap totaled $20.0B or 5.98% of the total cryptocurrency market value.

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