Bitcoin was trading at $23,089.1 by 05:02 (10:02 GMT) on the Investing.com Index on Saturday, up 10.16% on the day. It was the largest one-day percentage gain since November 10, 2022.
The move upwards pushed Bitcoin’s market cap up to $441.8B, or 42.10% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $1,275.5B.
Bitcoin had traded in a range of $22,461.1 to $23,090.2 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a rise in value, as it gained 11.75%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $31.6B or 52.46% of the total volume of all cryptocurrencies. It has traded in a range of $20,448.2539 to $23,090.2012 in the past 7 days.
At its current price, Bitcoin is still down 66.53% from its all-time high of $68,990.63 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $1,663.14 on the Investing.com Index, up 7.12% on the day.
Tether was trading at $1.0001 on the Investing.com Index, a gain of 0.01%.
Ethereum’s market cap was last at $202.8B or 19.32% of the total cryptocurrency market cap, while Tether’s market cap totaled $66.5B or 6.34% of the total cryptocurrency market value.