Cardano Price Surges 10% in Bullish Trading – Cryptocurrency
Hey there! Let’s talk about Cardano and its recent movements in the cryptocurrency market. Cardano was trading at $1.0067 by 05:40 (10:40 GMT) on the Investing.com Index on Wednesday, showing a 10.29% increase in value for the day, the largest jump since November 22nd.
This boost pushed Cardano’s market cap up to $34.9660B, making up 1.08% of the total cryptocurrency market cap. At its peak, Cardano’s market cap reached $94.8001B. Over the past week, Cardano has been on the rise, gaining 18.77% in value. The volume of Cardano traded in the past 24 hours was $2.7799B, accounting for 1.31% of the total volume of all cryptocurrencies. It has been trading in the range of $0.7679 to $1.1467 in the last 7 days.
Despite these positive movements, Cardano is still down 67.51% from its all-time high of $3.10 set on September 2, 2021. Moving on to other cryptocurrencies, Bitcoin was trading at $93,756.1 on the Investing.com Index, reflecting a 1.52% increase for the day, while Ethereum was at $3,460.06, marking a 4.29% gain.
Bitcoin’s market cap currently stands at $1,854.4714B, making up 57.24% of the total cryptocurrency market cap, whereas Ethereum’s market cap is at $415.7606B, accounting for 12.83% of the total market value.
It’s always interesting to see how these digital currencies ebb and flow in the market. Keep an eye on these numbers as they continue to change and evolve!
