Investing.com – was trading at $35,091.1 by 19:53 (14:23 GMT) on the Investing.com Index on Wednesday, up 10.22% on the day. It was the largest one-day percentage gain since Monday, May 24, 2021.
The move upwards pushed Bitcoin’s market cap up to $658.5B, or 42.19% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,184.9B.
Bitcoin had traded in a range of $32,428.6 to $35,355.6 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 6.76%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $50.1B or 38.99% of the total volume of all cryptocurrencies. It has traded in a range of $31,158.1270 to $39,462.3203 in the past 7 days.
At its current price, Bitcoin is still down 45.83% from its all-time high of $64,778.04 set on Wednesday, April 14, 2021.
Elsewhere in cryptocurrency trading
was last at $2,527.12 on the Investing.com Index, up 6.01% on the day.
Tether was trading at $1.0004 on the Investing.com Index, a loss of 0.03%.
Ethereum’s market cap was last at $294.2B or 18.85% of the total cryptocurrency market cap, while Tether’s market cap totaled $62.4B or 4.00% of the total cryptocurrency market value.
Read More: Bitcoin Climbs 10.22% In Rally