Bitcoin Climbs Above 10,031.5 Level, Up 9%

Bitcoin Climbs Above 10,031.5 Level, Up 9%

May 07, 2020

Bitcoin rose above the $10,031.5 threshold on Thursday. Bitcoin was trading at 10,031.5 by 19:47 (23:47 GMT) on the Index, up 8.77% on the day. It was the largest one-day percentage gain since May 7.

The move upwards pushed Bitcoin's market cap up to $182.8B, or 0.00% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $9,064.8 to $10,031.5 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 13.69%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $60.8B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $8,553.1768 to $10,031.4893 in the past 7 days.

At its current price, Bitcoin is still down 49.52% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $213.19 on the Index, up 6.64% on the day.

XRP was trading at $0.21888 on the Index, a gain of 3.23%.

Ethereum's market cap was last at $23.7B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $9.7B or 0.00% of the total cryptocurrency market value.

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