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Cardano Climbs 12% As Investors Gain Confidence

Published 06/07/2022, 09:40 PM
Cardano Climbs 12% As Investors Gain Confidence
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Investing.com - Cardano was trading at $0.6529 by 21:40 (01:40 GMT) on the Investing.com Index on Wednesday, up 11.94% on the day. It was the largest one-day percentage gain since May 30.

The move upwards pushed Cardano's market cap up to $21.1290B, or 1.67% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $0.6098 to $0.6529 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a stagnation in value, as it only moved 0.6%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.3576B or 1.55% of the total volume of all cryptocurrencies. It has traded in a range of $0.5396 to $0.6529 in the past 7 days.

At its current price, Cardano is still down 78.93% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $31,101.1 on the Investing.com Index, up 5.18% on the day.

Ethereum was trading at $1,818.40 on the Investing.com Index, a gain of 3.38%.

Bitcoin's market cap was last at $592.8485B or 46.96% of the total cryptocurrency market cap, while Ethereum's market cap totaled $220.4151B or 17.46% of the total cryptocurrency market value.

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