Bitcoin rose above the $5,551.1 threshold on Tuesday. Bitcoin was trading at 5,551.1 by 09:33 (13:33 GMT) on the Index, up 5.42% on the day. It was the largest one-day percentage gain since April 2.
The move upwards pushed Bitcoin's market cap up to $94.3B, or 52.12% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $241.2B.
Bitcoin had traded in a range of $5,291.4 to $5,573.3 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 4.83%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $13.2B or 31.69% of the total volume of all cryptocurrencies. It has traded in a range of $5,165.5171 to $5,573.3140 in the past 7 days.
At its current price, Bitcoin is still down 72.06% from its all-time high of $19,870.62 set on December 17, 2017. Elsewhere in cryptocurrency trading
Ethereum was last at $174.06 on the Index, up 2.04% on the day.
XRP was trading at $0.32363 on the Index, a loss of 0.39%.
Ethereum's market cap was last at $18.4B or 10.17% of the total cryptocurrency market cap, while XRP's market cap totaled $13.9B or 7.67% of the total cryptocurrency market value.