Bitcoin climbs above 10,831.5 level, up 0.89%

Bitcoin rose above the $10,831.5 threshold on Monday. Bitcoin was trading at 10,831.5 by 01:00 (05:00 GMT) on the Index, up 0.89% on the day. It was the largest one-day percentage gain since June 23.

The move upwards pushed Bitcoin’s market cap up to $191.2B, or 59.12% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.

Bitcoin had traded in a range of $10,622.6 to $10,897.3 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 17.6%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $20.7B or 29.96% of the total volume of all cryptocurrencies. It has traded in a range of $8,962.7354 to $11,361.2832 in the past 7 days.

At its current price, Bitcoin is still down 45.49% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $308.00 on the Index, down 2.25% on the day.

XRP was trading at $0.46381 on the Index, a loss of 3.66%.

Ethereum’s market cap was last at $32.6B or 10.09% of the total cryptocurrency market cap, while XRP’s market cap totaled $19.6B or 6.06% of the total cryptocurrency market value.