Bitcoin price jumped 16% today and reached the highest level since more than last nine months, the Bitcoin price surpassed $7,900.

Bitcoin (BTC) reached a capitalization that now accounts for 60% of the total crypto market share, jumped 16 percent from its opening price of $6,900 to reach $7,900. Its touched the highest price since July 31, 2018. The data shows that a high of $7,950 has been reached during Monday trading.

Now trading a $7,805.10, current chards show a more than 35% increase in the past week..

Since 2018 price low of $3,112 on December, 2018, with a market cap of $56 billion, bitcoin’s price has since increased nearly 150 percent. , According to CoinMarketCap, currently Bitcoin records a market cap of $136 billion.

As usual when the market whales pics up a strong bid, the USD value of most other cryptocurrencies follows adoption.

All of the top 20 cryptocurrencies by market cap are recording gains today, the top performers of which include Binance Coin (BNB), BitcoinCash (BCH), and Dash (DASH) which reported 24-hour gains of 16%, 12%, and 12%, respectively.

READ ALSO: Tim Draper: Bitcoin is much better than gold