Cardano Climbs 10% As Investors Gain Confidence
Investing.com – was trading at $0.3582 by 20:51 (01:51 GMT) on the Investing.com Index on Saturday, up 10.17% on the day. It was the largest one-day percentage gain since November 10, 2022.
The move upwards pushed Cardano’s market cap up to $12.2572B, or 1.25% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.3453 to $0.3615 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 27.66%. The volume of Cardano traded in the twenty-four hours to time of writing was $467.2652M or 0.71% of the total volume of all cryptocurrencies. It has traded in a range of $0.2746 to $0.3615 in the past 7 days.
At its current price, Cardano is still down 88.44% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
was last at $20,912.4 on the Investing.com Index, up 11.16% on the day.
was trading at $1,549.35 on the Investing.com Index, a gain of 10.11%.
Bitcoin’s market cap was last at $400.7505B or 41.00% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $189.2954B or 19.37% of the total cryptocurrency market value.