Cryptocurrency

Cardano’s value rises 10% in positive trading, showing promising growth for investors in the market.

Cardano Surges 10% in Bullish Trade

Cardano’s Impressive Performance

Cardano experienced a significant surge, with its price reaching $0.7196 by 18:56 (23:56 GMT) on the Investing.com Index on Friday, marking a 10.03% increase for the day. This surge represented the largest one-day percentage gain since March 1.

Market Cap and Trading Range

This upward movement propelled Cardano’s market cap to $25.0707B, accounting for 1.08% of the total cryptocurrency market cap. At its peak, Cardano’s market cap reached $94.8001B. The cryptocurrency traded in a range of $0.6531 to $0.7196 in the previous twenty-four hours.

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Weekly Performance and Trading Volume

Over the past seven days, Cardano has shown a substantial increase in value, rising by 20.98%. The trading volume for Cardano in the twenty-four hours leading up to the current time stood at $896.3205M, representing 0.84% of the total volume of all cryptocurrencies. Cardano’s price fluctuated between $0.5700 and $0.7196 in the last 7 days.

Comparison to All-Time High

Despite its current price, Cardano remains 76.78% below its all-time high of $3.10, which was recorded on September 2, 2021.

Other Cryptocurrency Updates

Bitcoin was trading at $62,457.5 on the Investing.com Index, reflecting a 2.11% increase for the day. Ethereum, on the other hand, was priced at $3,432.98, showing a gain of 2.81%. Bitcoin’s market cap accounted for $1,225.9738B or 52.63% of the total cryptocurrency market cap, while Ethereum’s market cap stood at $412.5235B or 17.71% of the total cryptocurrency market value.

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