Cardano Climbs 10% As Investors Gain Confidence

Cardano was trading at $0.8288 by 04:11 (09:11 GMT) on the Investing.com Index on Wednesday, up 10.26% on the day. It was the largest one-day percentage gain since November 20.

The move upwards pushed Cardano's market cap up to $28.5386B, or 0.92% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $0.7382 to $0.8288 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 52.84%. The volume of Cardano traded in the twenty-four hours to time of writing was $2.4400B or 1.36% of the total volume of all cryptocurrencies. It has traded in a range of $0.5422 to $0.8288 in the past 7 days.

At its current price, Cardano is still down 73.26% from its all-time high of $3.10 set on September 2, 2021. Elsewhere in cryptocurrency trading

Bitcoin was last at $93,272.3 on the Investing.com Index, up 1.62% on the day.

Ethereum was trading at $3,122.01 on the Investing.com Index, a gain of 0.06%.

Bitcoin's market cap was last at $1,845.0753B or 59.33% of the total cryptocurrency market cap, while Ethereum's market cap totaled $376.3283B or 12.10% of the total cryptocurrency market value.

Source: Investing.com