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Bitcoin Climbs Above 11,001.0 Level, Up 1.62%

Published 2019-08-04, 06:50 p/m
© Reuters.  Bitcoin Climbs Above 11,001.0 Level, Up 1.62%
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Investing.com - Bitcoin rose above the $11,001.0 threshold on Sunday. Bitcoin was trading at 11,001.0 by 18:50 (22:50 GMT) on the Investing.com Index, up 1.62% on the day. It was the largest one-day percentage gain since Sunday, August 4, 2019.

The move upwards pushed Bitcoin's market cap up to $196.2B, or 66.56% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $10,568.8 to $11,001.5 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 14.91%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $16.0B or 33.32% of the total volume of all cryptocurrencies. It has traded in a range of $9,483.0127 to $11,001.5420 in the past 7 days.

At its current price, Bitcoin is still down 44.64% from its all-time high of $19,870.62 set on Sunday, December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $221.63 on the Investing.com Index, up 0.32% on the day.

XRP was trading at $0.31937 on the Investing.com Index, a gain of 1.25%.

Ethereum's market cap was last at $23.9B or 8.10% of the total cryptocurrency market cap, while XRP's market cap totaled $13.7B or 4.66% of the total cryptocurrency market value.

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