Investing.com - Bitcoin rose above the $8,000 threshold on Tuesday.
Bitcoin was trading at $8,030.3 by 01:46 (05:46 GMT) on the Investing.com Index, up 4.73% on the day. It was the largest one-day percentage gain since July 17, 2018.
The move upwards pushed Bitcoin's market cap up to $136.93B, or 47.54% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.15B.
Bitcoin had traded in a range of $7,701.9 to $8,030.5 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 18.61%. The volume of Bitcoin traded in the twenty-four hours to time of writing was 5.58B or 34.79% of the total volume of all cryptocurrencies. It has traded in a range of $7.22K to $8.03K in the past 7 days.
At its current price, Bitcoin is still down 59.59% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
Ethereum was last at $457.78 on the Investing.com Index, down 2.19% on the day.
Ripple was trading at $0.44300 on the Investing.com Index, a loss of 4.11%.
Ethereum’s market cap was last at $45.82B or 15.91% of the total cryptocurrency market cap, while Ripple’s market cap totaled $17.31B or 6.01% of the total cryptocurrency market value.