Cardano Advances by 10.16% Amidst Positive Market Sentiment, Reports Investing.com

Investing.com – On Saturday, Cardano’s value increased to $0.4892 by 23:43 GMT, according to the Investing.com Index. This rise represented a significant 10.16% gain within a single day, the largest since November 9.

This upward trend elevated Cardano’s market capitalization to $16.9450B, equivalent to 0.64% of the entire cryptocurrency market capitalization. Cardano’s market cap peaked previously at $94.8001B.

Within the past day, Cardano’s trading prices fluctuated between $0.4275 and $0.4893.

Looking at the past week, Cardano has appreciated in value, with a 39.56% increment. The trade volume for Cardano in the last 24 hours was $664.9478M, which represents 0.66% of the entire cryptocurrency trade volume. Its weekly trading range was between $0.3206 and $0.4893.

Despite the recent gains, Cardano’s price is currently 84.21% lower than its all-time high of $3.10, which was set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was recently valued at $76,896.2 on the Investing.com Index, which marks a 0.50% increase on the day.

Ethereum’s trading value stood at $3,144.00 on the Investing.com Index, experiencing a surge of 6.19%.

The market capitalization of Bitcoin is currently $1,520.2341B or 57.61% of the total cryptocurrency market cap, while Ethereum’s market capitalization has reached $379.1064B, which is 14.37% of the total market value.