Investing.com - Bitcoin was trading at $23,023.5 by 15:27 (19:27 GMT) on the Investing.com Index on Wednesday, up 10.13% on the day. It was the largest one-day percentage gain since February 28.
The move upwards pushed Bitcoin's market cap up to $434.9B, or 41.79% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,275.5B.
Bitcoin had traded in a range of $21,047.5 to $23,027.8 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 4.31%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $30.6B or 39.23% of the total volume of all cryptocurrencies. It has traded in a range of $20,737.3281 to $23,741.3965 in the past 7 days.
At its current price, Bitcoin is still down 66.63% from its all-time high of $68,990.63 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $1,608.77 on the Investing.com Index, up 17.32% on the day.
Tether was trading at $1.0003 on the Investing.com Index, a gain of 0.03%.
Ethereum's market cap was last at $193.4B or 18.58% of the total cryptocurrency market cap, while Tether's market cap totaled $65.9B or 6.33% of the total cryptocurrency market value.