Cardano Climbs 10% As Investors Gain Confidence
Investing.com – was trading at $0.5343 by 23:02 (03:02 GMT) on the Investing.com Index on Friday, up 10.01% on the day. It was the largest one-day percentage gain since May 13.
The move upwards pushed Cardano’s market cap up to $17.6649B, or 1.39% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.4692 to $0.5343 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 33.69%. The volume of Cardano traded in the twenty-four hours to time of writing was $2.9190B or 0.14% of the total volume of all cryptocurrencies. It has traded in a range of $0.4029 to $0.7857 in the past 7 days.
At its current price, Cardano is still down 82.76% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
was last at $30,118.1 on the Investing.com Index, up 4.59% on the day.
was trading at $2,062.90 on the Investing.com Index, a gain of 0.51%.
Bitcoin’s market cap was last at $570.7635B or 44.82% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $248.4333B or 19.51% of the total cryptocurrency market value.