Investing.com - Bitcoin was trading at $29,498.1 by 00:39 (14:39 GMT) on the Investing.com Index on Wednesday, up 10.02% on the day. It was the largest one-day percentage gain since Thursday, November 10, 2022.
The move upwards pushed Bitcoin's market cap up to $566.2B, or 49.14% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,275.5B.
Bitcoin had traded in a range of $28,270.5 to $29,504.7 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 12.16%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $30.6B or 54.92% of the total volume of all cryptocurrencies. It has traded in a range of $24,837.9805 to $29,504.7324 in the past 7 days.
At its current price, Bitcoin is still down 57.24% from its all-time high of $68,990.63 set on Wednesday, November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $1,845.02 on the Investing.com Index, up 7.06% on the day.
Tether was trading at $1.0003 on the Investing.com Index, a gain of 0.06%.
Ethereum's market cap was last at $219.5B or 19.05% of the total cryptocurrency market cap, while Tether's market cap totaled $83.2B or 7.22% of the total cryptocurrency market value.