Cardano Climbs 10% As Investors Gain Confidence
Investing.com – Cardano was trading at $0.5321 by 03:05 (08:05 GMT) on the Investing.com Index on Thursday, up 10.21% on the day. It was the largest one-day percentage gain since January 10.
The move upwards pushed Cardano’s market cap up to $18.5367B, or 1.09% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.5022 to $0.5347 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 6.44%. The volume of Cardano traded in the twenty-four hours to time of writing was $550.4596M or 1.00% of the total volume of all cryptocurrencies. It has traded in a range of $0.4741 to $0.5347 in the past 7 days.
At its current price, Cardano is still down 82.83% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $44,568.8 on the Investing.com Index, up 3.87% on the day.
Ethereum was trading at $2,423.56 on the Investing.com Index, a gain of 2.57%.
Bitcoin’s market cap was last at $873.1183B or 51.29% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $290.9043B or 17.09% of the total cryptocurrency market value.
