Cardano Climbs 10% As Investors Gain Confidence
Investing.com – was trading at $0.6182 by 23:48 (03:48 GMT) on the Investing.com Index on Monday, up 10.02% on the day. It was the largest one-day percentage gain since May 30.
The move upwards pushed Cardano’s market cap up to $20.4877B, or 1.61% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.5654 to $0.6182 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 17.96%. The volume of Cardano traded in the twenty-four hours to time of writing was $615.0926M or 1.16% of the total volume of all cryptocurrencies. It has traded in a range of $0.5385 to $0.6857 in the past 7 days.
At its current price, Cardano is still down 80.05% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
was last at $31,213.3 on the Investing.com Index, up 4.90% on the day.
was trading at $1,880.03 on the Investing.com Index, a gain of 4.80%.
Bitcoin’s market cap was last at $592.0020B or 46.45% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $226.3871B or 17.76% of the total cryptocurrency market value.
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