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Bitcoin Jumps 29.44% In Rally

Published 26/10/2019, 04:41 pm
© Reuters.  Bitcoin Jumps 29.44% In Rally
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Investing.com - Bitcoin was trading at $10,540.0 by 16:40 (05:40 GMT) on the Investing.com Index on Saturday, up 29.44% on the day. It was the largest one-day percentage gain since Wednesday, February 26, 2014.

The move upwards pushed Bitcoin's market cap up to $175.0B, or 67.20% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $8,565.0 to $10,540.0 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 21.89%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $44.0B or 30.83% of the total volume of all cryptocurrencies. It has traded in a range of $7,329.2031 to $10,540.0000 in the past 7 days.

At its current price, Bitcoin is still down 46.96% from its all-time high of $19,870.62 set on Sunday, December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $188.09 on the Investing.com Index, up 14.21% on the day.

XRP was trading at $0.30283 on the Investing.com Index, a gain of 8.86%.

Ethereum's market cap was last at $20.5B or 7.89% of the total cryptocurrency market cap, while XRP's market cap totaled $13.1B or 5.04% of the total cryptocurrency market value.

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