Cardano Climbs 12% In Bullish Trade

Cardano was trading at $1.2833 by 20:23 (01:23 GMT) on the Investing.com Index on Tuesday, up 12.05% on the day. It was the largest one-day percentage gain since November 22.

The move upwards pushed Cardano's market cap up to $43.8348B, or 1.26% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $1.1847 to $1.2960 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 29.63%. The volume of Cardano traded in the twenty-four hours to time of writing was $5.5165B or 1.92% of the total volume of all cryptocurrencies. It has traded in a range of $0.9328 to $1.2960 in the past 7 days.

At its current price, Cardano is still down 58.59% from its all-time high of $3.10 set on September 2, 2021. Elsewhere in cryptocurrency trading

Bitcoin was last at $95,677.9 on the Investing.com Index, down 1.86% on the day.

Ethereum was trading at $3,637.03 on the Investing.com Index, a loss of 1.81%.

Bitcoin's market cap was last at $1,897.6392B or 54.60% of the total cryptocurrency market cap, while Ethereum's market cap totaled $439.9330B or 12.66% of the total cryptocurrency market value.

Source: Investing.com