Bitcoin rose above the $4,004.0 threshold on Wednesday. Bitcoin was trading at 4,004.0 by 04:36 (04:36 GMT) on the Investing.com Index, up 5.10% on the day. It was the largest one-day percentage gain since October 15.
The move upwards pushed Bitcoin’s market cap up to $67.6B, or 52.94% of the total cryptocurrency market cap. At its highest, Bitcoin’s market cap was $241.2B.
Bitcoin had traded in a range of $3,866.4 to $4,005.1 in the previous twenty-four hours.
Over the past seven days, Bitcoin has seen a drop in value, as it lost 13.25%. The volume of Bitcoin traded in the twenty-four hours to time of writing was $6.1B or 35.53% of the total volume of all cryptocurrencies. It has traded in a range of $3,634.1890 to $4,695.6870 in the past 7 days.
At its current price, Bitcoin is still down 79.85% from its all-time high of $19,870.62 set on December 17, 2017.
Elsewhere in cryptocurrency trading
XRP was last at $0.37820 on the Investing.com Index, up 5.73% on the day.
Ethereum was trading at $116.33 on the Investing.com Index, a gain of 7.57%.
XRP’s market cap was last at $14.8B or 11.60% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $11.5B or 9.04% of the total cryptocurrency market value.