Cardano Climbs 16% In Bullish Trade

Cardano was trading at $0.4502 by 11:02 (16:02 GMT) on the Investing.com Index on Friday, up 15.98% on the day. It was the largest one-day percentage gain since December 8, 2023.

The move upwards pushed Cardano's market cap up to $15.7212B, or 0.63% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $0.4043 to $0.4507 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 26.97%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.3151B or 0.98% of the total volume of all cryptocurrencies. It has traded in a range of $0.3206 to $0.4507 in the past 7 days.

At its current price, Cardano is still down 85.47% from its all-time high of $3.10 set on September 2, 2021. Elsewhere in cryptocurrency trading

Bitcoin was last at $76,385.7 on the Investing.com Index, up 0.46% on the day.

Ethereum was trading at $2,932.54 on the Investing.com Index, a gain of 3.02%.

Bitcoin's market cap was last at $1,511.3191B or 60.19% of the total cryptocurrency market cap, while Ethereum's market cap totaled $353.6107B or 14.08% of the total cryptocurrency market value.

Source: Investing.com