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Cardano Climbs 10% As Investors Gain Confidence

Published 12/06/2023, 08:04 AM
Updated 12/06/2023, 08:05 AM
Cardano Climbs 10% As Investors Gain Confidence

Investing.com - Cardano was trading at $0.4405 by 08:03 (13:03 GMT) on the Investing.com Index on Wednesday, up 10.05% on the day. It was the largest one-day percentage gain since July 13.

The move upwards pushed Cardano's market cap up to $15.5204B, or 0.97% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $0.4168 to $0.4405 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 13.93%. The volume of Cardano traded in the twenty-four hours to time of writing was $766.1761M or 0.81% of the total volume of all cryptocurrencies. It has traded in a range of $0.3718 to $0.4405 in the past 7 days.

At its current price, Cardano is still down 85.79% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $44,080.4 on the Investing.com Index, up 5.32% on the day.

Ethereum was trading at $2,265.00 on the Investing.com Index, a gain of 2.38%.

Bitcoin's market cap was last at $862.0238B or 53.85% of the total cryptocurrency market cap, while Ethereum's market cap totaled $272.2323B or 17.01% of the total cryptocurrency market value.

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