Cardano Climbs 10% As Investors Gain Confidence
Cardano was trading at $0.2047 by 20:53 (00:53 GMT) on the Investing.com Index on Friday, up 10.20% on the day. It was the largest one-day percentage gain since July 3.
The move upwards pushed Cardano’s market cap up to $7.3148B, or 0.29% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.1986 to $0.2047 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 9.78%. The volume of Cardano traded in the twenty-four hours to time of writing was $707.5254M or 0.54% of the total volume of all cryptocurrencies. It has traded in a range of $0.1715 to $0.2047 in the past 7 days.
At its current price, Cardano is still down 93.39% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $73,758.3 on the Investing.com Index, up 6.29% on the day.
Ethereum was trading at $2,345.65 on the Investing.com Index, a gain of 3.72%.
Bitcoin’s market cap was last at $1,475.9940B or 59.32% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $281.8279B or 11.33% of the total cryptocurrency market value.
