Cardano Climbs 10% As Investors Gain Confidence By Investing.com

Investing.com – Cardano was trading at $0.3840 by 04:02 (08:02 GMT) on the Investing.com Index on Wednesday, up 10.09% on the day. It was the largest one-day percentage gain since March 21.

The move upwards pushed Cardano’s market cap up to $13.2461B, or 1.12% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.3668 to $0.3840 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a stagnation in value, as it only moved 1.52%. The volume of Cardano traded in the twenty-four hours to time of writing was $403.2741M or 0.91% of the total volume of all cryptocurrencies. It has traded in a range of $0.3373 to $0.3843 in the past 7 days.

At its current price, Cardano is still down 87.61% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $28,077.6 on the Investing.com Index, up 4.17% on the day.

Ethereum was trading at $1,804.41 on the Investing.com Index, a gain of 4.65%.

Bitcoin’s market cap was last at $542.8625B or 46.08% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $220.9170B or 18.75% of the total cryptocurrency market value.