Bitcoin Climbs Above 5,527.0 Level, Up 5%

Investing.com - Bitcoin rose above the $5,527.0 threshold on Tuesday. Bitcoin was trading at 5,527.0 by 00:25 (04:25 GMT) on the Investing.com Index, up 5.36% on the day. It was the largest one-day percentage gain since April 2.

The move upwards pushed Bitcoin's market cap up to $97.0B, or 53.19% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $5,328.0 to $5,527.4 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 8.02%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $15.0B or 32.28% of the total volume of all cryptocurrencies. It has traded in a range of $5,165.5171 to $5,527.4380 in the past 7 days.

At its current price, Bitcoin is still down 72.19% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $172.79 on the Investing.com Index, up 3.30% on the day.

XRP was trading at $0.32221 on the Investing.com Index, a gain of 0.94%.

Ethereum's market cap was last at $18.3B or 10.02% of the total cryptocurrency market cap, while XRP's market cap totaled $13.6B or 7.46% of the total cryptocurrency market value.

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