Cardano Price Surges 10% in Bullish Trading

Hey there! Let’s talk about Cardano, the cryptocurrency that’s been making some major moves recently. As of Wednesday, Cardano was trading at $1.0067, up a whopping 10.29% in just one day. This is the largest single-day gain since November 22nd!

This surge in value pushed Cardano’s market cap up to $34.9660B, accounting for 1.08% of the total cryptocurrency market cap. At its peak, Cardano’s market cap hit a high of $94.8001B.

Over the past week, Cardano has been on the rise, seeing an increase in value of 18.77%. The volume of Cardano traded in the last 24 hours was $2.7799B, making up 1.31% of the total volume of all cryptocurrencies. In the past 7 days, Cardano has traded within a range of $0.7679 to $1.1467.

Even with this recent surge, Cardano is still down 67.51% from its all-time high of $3.10, which was reached on September 2, 2021.

Now, let’s take a quick look at how some other cryptocurrencies are doing. Bitcoin was trading at $93,756.1, up 1.52% for the day. Ethereum saw a gain of 4.29%, trading at $3,460.06.

Bitcoin’s market cap is at $1,854.4714B, making up 57.24% of the total cryptocurrency market cap, while Ethereum’s market cap totals $415.7606B or 12.83% of the total cryptocurrency market value.

It’s always interesting to see how these digital currencies fluctuate in value. Keep an eye on Cardano and other cryptocurrencies to see how they continue to perform in the market!