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Cardano Climbs 10% As Investors Gain Confidence

Published 02/29/2024, 01:33 AM
Cardano Climbs 10% As Investors Gain Confidence

Investing.com - Cardano was trading at $0.6822 by 01:32 (06:32 GMT) on the Investing.com Index on Thursday, up 10.26% on the day. It was the largest one-day percentage gain since January 10.

The move upwards pushed Cardano's market cap up to $24.0118B, or 1.03% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $0.6228 to $0.6822 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 14.76%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.4739B or 0.75% of the total volume of all cryptocurrencies. It has traded in a range of $0.5689 to $0.6823 in the past 7 days.

At its current price, Cardano is still down 77.99% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $63,242.4 on the Investing.com Index, up 10.79% on the day.

Ethereum was trading at $3,471.02 on the Investing.com Index, a gain of 6.51%.

Bitcoin's market cap was last at $1,242.4860B or 53.31% of the total cryptocurrency market cap, while Ethereum's market cap totaled $417.7820B or 17.93% of the total cryptocurrency market value.

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