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David Ogden
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Bitcoin Climbs Above 9,231.6 Level, Up 0.86%

Published on 6/18/2019
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Bitcoin Climbs Above 9,231.6 Level, Up 0.86%

Bitcoin Climbs Above 9,231.6 Level, Up 0.86%

Investing.com - Bitcoin rose above the $9,231.6 threshold on Tuesday. Bitcoin was trading at 9,231.6 by 00:54 (04:54 GMT) on the Investing.com Index, up 0.86% on the day. It was the largest one-day percentage gain since June 17.

The move upwards pushed Bitcoin's market cap up to $164.6B, or 57.12% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.

Bitcoin had traded in a range of $9,199.2 to $9,336.1 in the previous twenty-four hours.

Over the past seven days, Bitcoin has seen a rise in value, as it gained 16.39%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $15.3B or 29.04% of the total volume of all cryptocurrencies. It has traded in a range of $7,805.7661 to $9,438.1270 in the past 7 days.

At its current price, Bitcoin is still down 53.54% from its all-time high of $19,870.62 set on December 17, 2017.

Elsewhere in cryptocurrency trading

Ethereum was last at $270.01 on the Investing.com Index, up 0.81% on the day.

XRP was trading at $0.44702 on the Investing.com Index, a gain of 3.81%.

Ethereum's market cap was last at $28.9B or 10.04% of the total cryptocurrency market cap, while XRP's market cap totaled $19.2B or 6.65% of the total cryptocurrency market value.

Prices of the major cryptocurrency were mostly higher on Tuesday in Asia, with Bitcoin hovered above the key $9,000 level on Facebook’s reported move into cryptocurrency.

Bitcoin rose 2.1% to $9,267.4 by 11:30 PM ET (03:30 GMT). Ethereum gained 0.7% to $270.23. XRP jumped 4.3% to 0.44642, but Litecoin underperformed and lost 1.5% to $133.058.

Facebook (NASDAQ:FB) is reportedly launching a new digital asset to be used as a peer-to-peer payment within messenger apps. Bitcoin surged immediately following the news, as some analysts said the news could be the biggest boost for virtual coins in history.

 

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