Investing.com - Bitcoin was trading at $50,340.3 by 00:02 (05:02 GMT) on the Investing.com Index on Saturday, up 11.06% 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 $947.4B, or 41.10% of the total cryptocurrency market cap. At its highest, Bitcoin's market cap was $1,275.5B.
Bitcoin had traded in a range of $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 8.06%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $41.5B or 29.49% 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 27.03% from its all-time high of $68,990.63 set on Wednesday, November 10, 2021.
Elsewhere in cryptocurrency trading
Ethereum was last at $4,016.95 on the Investing.com Index, down 11.30% on the day.
Binance Coin was trading at $546.85 on the Investing.com Index, a loss of 10.88%.
Ethereum's market cap was last at $477.4B or 20.71% of the total cryptocurrency market cap, while Binance Coin's market cap totaled $91.0B or 3.95% of the total cryptocurrency market value.