Investing.com - Bitcoin was trading at $50,275.4 by 15:58 (04:58 GMT) on the Investing.com Index on Saturday, up 11.17% on the day. It was the largest one-day percentage gain since Tuesday, September 7, 2021.
The move upwards pushed Bitcoin's market cap up to $974.0B, or 41.23% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,275.5B.
Bitcoin had traded in a range of $49,659.5 to $53,847.2 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 5.41%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $40.5B or 29.21% of the total volume of all cryptocurrencies. It has traded in a range of $49,659.5391 to $59,174.4492 in the past 7 days.
At its current price, Bitcoin is still down 27.13% from its all-time high of $68,990.63 set on Wednesday, November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $4,032.79 on the Investing.com Index, down 11.03% on the day.
Binance Coin was trading at $547.32 on the Investing.com Index, a loss of 11.13%.
Ethereum's market cap was last at $479.2B or 20.28% of the total cryptocurrency market cap, while Binance Coin's market cap totaled $94.4B or 4.00% of the total cryptocurrency market value.