Cardano rises 10% as investors gain confidence
Investing.com – Cardano was trading at $0.6822 at 01:32 (0632 GMT) on the Investing.com Index on Thursday, up 10.26% on the day. It was the largest one-day percentage gain since January 10.
The upward move pushed Cardano's market capitalization up to $24.0118 billion, or 1.03% 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 $0.6228 to $0.6822 in the previous twenty-four hours.
In the last seven days, Cardano has seen an increase in value as it gained 14.76%. The volume of Cardano traded in the twenty-four hours up to the time of writing was $1.4739 billion or 0.75% of the total volume of all cryptocurrencies. It has traded in a range of $0.5689 to $0.6823 in the last 7 days.
At its current price, Cardano is still 77.99% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $63,242.4 on the Investing.com index, up 10.79% on the day.
Ethereum was trading at $3,471.02 on the Investing.com index, a gain of 6.51%.
Bitcoin's market capitalization last stood at $1,242.4860 billion or 53.31% of the total cryptocurrency market capitalization, while Ethereum's market capitalization rose to $417.7820 billion dollars or 17.93% of the total value of the cryptocurrency market.
