Investing.com - Bitcoin was trading at $55,178.2 by 00:14 (13:14 GMT) on the Investing.com Index on Wednesday, up 10.37% on the day. It was the largest one-day percentage gain since Wednesday, June 9, 2021.
The move upwards pushed Bitcoin's market cap up to $995.8B, or 44.52% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,184.9B.
Bitcoin had traded in a range of $50,439.5 to $55,178.2 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 25.5%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $42.1B or 32.38% of the total volume of all cryptocurrencies. It has traded in a range of $41,416.7266 to $55,178.2188 in the past 7 days.
At its current price, Bitcoin is still down 14.82% from its all-time high of $64,778.04 set on Wednesday, April 14, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $3,568.54 on the Investing.com Index, up 3.52% on the day.
Binance Coin was trading at $435.99 on the Investing.com Index, a loss of 0.68%.
Ethereum's market cap was last at $408.6B or 18.27% of the total cryptocurrency market cap, while Binance Coin's market cap totaled $72.4B or 3.24% of the total cryptocurrency market value.