Cardano Surges 10.05% Amid Positive Market Sentiment, Reports Investing.com

Investing.com – Cardano’s value climbed to $0.9734 at 05:58 (05:58 GMT) on the Investing.com Index on Saturday, marking a significant 10.05% rise within a single day. This surge was the most substantial one-day percentage escalation since November 22.

With this upward movement, Cardano’s market valuation rose to $33.6763 billion, accounting for 0.99% of the total market cap of cryptocurrencies. Cardano’s market cap reached its peak at $94.8001 billion.

Recently, Cardano’s trading price fluctuated between $0.9366 and $0.9734 over the last twenty-four hours.

During the previous week, the value of Cardano has witnessed a decrement, recording a 13.83% loss. The trading volume of Cardano in the day leading up to the writing of this article amounted to $2.7372 billion, equivalent to 0.94% of the entire trading volume of cryptocurrencies. Its week’s trading range was between $0.7627 and $1.1192.

Currently, Cardano’s price is 68.59% below its all-time high of $3.10, which was set on September 2, 2021.

Other activities in the realm of cryptocurrency trading

On the Investing.com Index, Bitcoin was recently listed at $98,643.5, ascending by 1.98% on the day.

Concurrently, Ethereum was being traded at $3,532.18 on the Investing.com Index, reflecting a 5.22% increase.

The market cap of Bitcoin was last recorded at $1,933.9445 billion, which is 56.76% of the total market cap of cryptocurrencies, whereas Ethereum’s market cap has reached $419.6688 billion, making up 12.32% of the cumulative market value of all cryptocurrencies.