Cardano rises 11% in bullish trading
Investing.com – Cardano was trading at $0.7824 at 18:38 (22:38 GMT) on the Investing.com Index on Monday, up 11.05% on the day. It was the largest one-day percentage gain since December 13, 2023.
The upward move pushed Cardano's market capitalization up to $27.8703 billion, or 1.02% 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 $0.6880 to $0.7876 in the previous twenty-four hours.
In the last seven days, Cardano has seen an increase in value as it gained 2.15%. The volume of Cardano traded in the twenty-four hours up to the time of writing was $1.3225 billion or 0.77% of the total volume of all cryptocurrencies. It has traded in a range of $0.5861 to $0.7876 in the last 7 days.
At its current price, Cardano is still 74.75% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $72,592.3 on the Investing.com index, up 6.03% on the day.
Ethereum was trading at $4,061.77 on the Investing.com index, a gain of 6.32%.
Bitcoin's market capitalization last stood at $1,428.8674 billion or 52.30% of the total cryptocurrency market capitalization, while Ethereum's market capitalization rose to $487.8678 billion dollars or 17.86% of the total value of the cryptocurrency market.