Cardano Climbs 10% As Investors Gain Confidence
Investing.com – Cardano was trading at $0.6448 by 19:33 (00:33 GMT) on the Investing.com Index on Friday, up 10.01% on the day. It was the largest one-day percentage gain since December 13.
The move upwards pushed Cardano’s market cap up to $22.8103B, or 1.38% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.6354 to $0.6481 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a stagnation in value, as it only moved 0.31%. The volume of Cardano traded in the twenty-four hours to time of writing was $835.8001M or 1.27% of the total volume of all cryptocurrencies. It has traded in a range of $0.5451 to $0.6481 in the past 7 days.
At its current price, Cardano is still down 79.19% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $43,905.1 on the Investing.com Index, up 0.73% on the day.
Ethereum was trading at $2,243.64 on the Investing.com Index, a gain of 2.33%.
Bitcoin’s market cap was last at $858.2464B or 51.85% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $268.7663B or 16.24% of the total cryptocurrency market value.
