Cardano Surges 16% Amid Upbeat Trading Sentiment, Reports Investing.com

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    <p>Investing.com - Cardano experienced a significant upswing in its trading value, reaching $0.4502 by 11:02 (16:02 GMT) on Friday according to the Investing.com Index. The digital currency soared by 15.98% that day, marking its most substantial single-day rise since December 8, 2023.</p>
    <p>This bullish momentum elevated Cardano's valuation to a market capitalization of $15.7212B, constituting 0.63% of the collective market cap of all cryptocurrencies. Cardano's market cap had previously peaked at $94.8001B.</p>
    <p>Within the last 24 hours, Cardano's trading price fluctuated between $0.4043 and $0.4507.</p>
    <p>In the week leading up to this writing, Cardano has demonstrated a bullish trend, appreciating by 26.97%. The trading volume for Cardano reached $1.3151B over the last day, accounting for 0.98% of the total trade volume of all cryptocurrencies. This week saw Cardano's price moving within a range from $0.3206 to $0.4507.</p>
    <p>Despite the recent price surge, Cardano's current value indicates a steep drop of 85.47% from its historical peak of $3.10, achieved on September 2, 2021.</p>
    <h2>Elsewhere in cryptocurrency trading</h2>
    <p>Bitcoin was holding at $76,385.7 on the Investing.com Index, having edged up by 0.46% for the day.</p>
    <p>Ethereum's valuation on the Investing.com Index ascended to $2,932.54, marking a 3.02% rise.</p>
    <p>As for market capitalization, Bitcoin's latest was $1,511.3191B, capturing 60.19% of the total cryptocurrency market cap, and Ethereum commanded a market cap of $353.6107B, which is 14.08% of the total market value of all digital currencies.</p>
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#Cardano #Climbs #Bullish #Trade #Investing.com