Cardano Rises by 10% Amidst Market Surge, Reports Investing.com

Investing.com – On Sunday, Cardano saw its value climb to $1.0185 by 20:23 (01:23 GMT) as per the Investing.com Index, marking a substantial rally of 10.42% for the day. This jump represented the most significant single-day percentage surge since the 3rd of January.

With this upward trajectory, Cardano’s market capitalization rose to $35.6246B, claiming 1.87% of the aggregate cryptocurrency market capitalization. Cardano’s market cap once touched a peak of $94.8001B.

In the past 24 hours, Cardano’s value fluctuated between $0.9863 and $1.0185.

The past week has been less favorable for Cardano as it has experienced a 4.85% decline in its value. The trading volume for Cardano during the last 24 hours was $1.0431B, amounting to 0.44% of the entire cryptocurrency market’s traded volume. Over the week, Cardano’s price ranged from $0.8812 to $1.1509.

Although Cardano has made significant gains, its price is currently 67.13% lower than its all-time peak of $3.10, achieved on September 2, 2021.

Cryptocurrency Market Elsewhere

On the Investing.com Index, Bitcoin last recorded a price of $94,357.5, observing a minor decline of 0.06% for the day.

Ethereum’s value stood at $3,279.13 on the Investing.com Index, witnessing an ascent of 1.05%.

Bitcoin’s market capitalization was noted at $1,869.3640B, making up 98.14% of the total market cap of cryptocurrencies, whereas Ethereum’s market capitalization reached $395.4119B, accounting for 20.76% of the total market value in the cryptocurrency sector.