Bitcoin Climbs 10% In Bullish Trade

Investing.com - Bitcoin was trading at $7,121.8 by 18:06 (22:06 GMT) on the Investing.com Index on Saturday, up 10.41% on the day. It was the largest one-day percentage gain since May 11.

The move upwards pushed Bitcoin's market cap up to $124.2B, or 57.77% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $6,386.5 to $7,121.8 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 21.86%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $26.1B or 31.02% of the total volume of all cryptocurrencies. It has traded in a range of $5,630.5322 to $7,121.7700 in the past 7 days.

At its current price, Bitcoin is still down 64.16% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $198.04 on the Investing.com Index, up 12.72% on the day.

XRP was trading at $0.32665 on the Investing.com Index, a gain of 8.39%.

Ethereum's market cap was last at $20.9B or 9.74% of the total cryptocurrency market cap, while XRP's market cap totaled $13.7B or 6.38% of the total cryptocurrency market value.

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