Cardano rises 10% as investors gain confidence
Investing.com – Cardano was trading at $0.5321 at 03:05 (0805 GMT) on the Investing.com Index on Thursday, up 10.21% on the day. It was the largest one-day percentage gain since January 10.
The upward move pushed Cardano's market capitalization up to $18.5367 billion, or 1.09% of the total cryptocurrency market capitalization. At its highest point, Cardano's market capitalization was $94.8001 million.
Cardano had traded in a range of $0.5022 to $0.5347 in the previous twenty-four hours.
In the last seven days, Cardano has seen an increase in value as it gained 6.44%. The volume of Cardano traded in the twenty-four hours up to the time of writing was $550.4596 million or 1.00% of the total volume of all cryptocurrencies. It has traded in a range of $0.4741 to $0.5347 in the last 7 days.
At its current price, Cardano is still 82.83% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $44,568.8 on the Investing.com index, up 3.87% on the day.
Ethereum was trading at $2,423.56 on the Investing.com index, a gain of 2.57%.
Bitcoin's market capitalization last stood at $873.1183 billion or 51.29% of the total cryptocurrency market capitalization, while Ethereum's market capitalization rose to $290.9043 billion dollars or 17.09% of the total value of the cryptocurrency market.
