Investing.com - Bitcoin was trading at $42,369.0 by 11:10 (16:10 GMT) on the Investing.com Index on Wednesday, up 10.52% on the day. It was the largest one-day percentage gain since February 28.
The move upwards pushed Bitcoin's market cap up to $805.4B, or 43.39% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,275.5B.
Bitcoin had traded in a range of $38,663.3 to $42,538.5 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 4.12%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $33.1B or 34.29% of the total volume of all cryptocurrencies. It has traded in a range of $37,182.1094 to $44,077.1602 in the past 7 days.
At its current price, Bitcoin is still down 38.59% from its all-time high of $68,990.63 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $2,745.88 on the Investing.com Index, up 7.25% on the day.
Tether was trading at $1.0004 on the Investing.com Index, a gain of 0.02%.
Ethereum's market cap was last at $330.0B or 17.78% of the total cryptocurrency market cap, while Tether's market cap totaled $80.1B or 4.31% of the total cryptocurrency market value.