Cardano Climbs 11% As Investors Gain Confidence
Investing.com – was trading at $0.4812 by 16:32 (20:32 GMT) on the Investing.com Index on Sunday, up 10.75% on the day. It was the largest one-day percentage gain since May 30.
The move upwards pushed Cardano’s market cap up to $16.0705B, or 1.80% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.4365 to $0.4827 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 8.38%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.1440B or 1.36% of the total volume of all cryptocurrencies. It has traded in a range of $0.4210 to $0.5459 in the past 7 days.
At its current price, Cardano is still down 84.47% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
was last at $20,420.5 on the Investing.com Index, up 14.70% on the day.
was trading at $1,135.38 on the Investing.com Index, a gain of 25.60%.
Bitcoin’s market cap was last at $385.8208B or 43.28% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $134.6676B or 15.11% of the total cryptocurrency market value.