Cardano Climbs 11% As Investors Gain Confidence By Investing.com

Investing.com – Cardano was trading at $0.7927 by 02:05 (07:05 GMT) on the Investing.com Index on Monday, up 11.28% on the day. It was the largest one-day percentage gain since December 13, 2023.

The move upwards pushed Cardano’s market cap up to $27.9940B, or 1.17% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.7236 to $0.7928 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 33.68%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.2410B or 1.11% of the total volume of all cryptocurrencies. It has traded in a range of $0.5983 to $0.7928 in the past 7 days.

At its current price, Cardano is still down 74.42% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $63,627.9 on the Investing.com Index, up 2.84% on the day.

Ethereum was trading at $3,470.23 on the Investing.com Index, a gain of 1.68%.

Bitcoin’s market cap was last at $1,251.0564B or 52.27% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $417.2733B or 17.43% of the total cryptocurrency market value.