Bitcoin Climbs Above 9,782.4 Level, Up 2%

Bitcoin Climbs Above 9,782.4 Level, Up 2%

Feb 07, 2020

Bitcoin rose above the $9,782.4 threshold on Friday. Bitcoin was trading at 9,782.4 by 19:50 (00:50 GMT) on the Index, up 2.37% on the day. It was the largest one-day percentage gain since February 5.

The move upwards pushed Bitcoin's market cap up to $177.7B, or 62.96% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $9,770.7 to $9,816.3 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 3.03%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $37.5B or 27.33% of the total volume of all cryptocurrencies. It has traded in a range of $9,179.9121 to $9,854.8955 in the past 7 days.

At its current price, Bitcoin is still down 50.77% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $216.46 on the Index, up 6.19% on the day.

XRP was trading at $0.28303 on the Index, a gain of 1.85%.

Ethereum's market cap was last at $23.6B or 8.38% of the total cryptocurrency market cap, while XRP's market cap totaled $12.3B or 4.37% of the total cryptocurrency market value.

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