Investing.com - Bitcoin was trading at $50,673.0 by 09:54 (23:54 GMT) on the Investing.com Index on Wednesday, up 10.62% on the day. It was the largest one-day percentage gain since Wednesday, May 12, 2021.
The move upwards pushed Bitcoin's market cap up to $956.9B, or 41.93% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,184.9B.
Bitcoin had traded in a range of $50,673.0 to $57,938.5 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 10.63%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $75.5B or 29.99% of the total volume of all cryptocurrencies. It has traded in a range of $50,655.6563 to $59,523.9336 in the past 7 days.
At its current price, Bitcoin is still down 21.77% from its all-time high of $64,778.04 set on Wednesday, April 14, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $3,943.60 on the Investing.com Index, down 5.37% on the day.
Binance Coin was trading at $604.92 on the Investing.com Index, a loss of 10.02%.
Ethereum's market cap was last at $465.3B or 20.39% of the total cryptocurrency market cap, while Binance Coin's market cap totaled $94.1B or 4.12% of the total cryptocurrency market value.