Investing.com Reports Cardano Surges 10.16% Amid Bull Market Activity

Investing.com – On Saturday, at 10:43 (23:43 GMT), Cardano’s value on the Investing.com Index witnessed an impressive surge, ascending to $0.4892. This 10.16% increase marks the most substantial single-day upswing since the ninth of November in 2024.

The upturn in Cardano’s value bolstered its market capitalization to reach $16.9450B, accounting for 0.64% of the cumulative market cap of all cryptocurrencies. Cardano’s market capitalization had previously peaked at $94.8001B.

In the last 24 hours, the trading range for Cardano fluctuated between $0.4275 and $0.4893.

During the prior week, Cardano has demonstrated a positive trend, accruing a 39.56% increase. The trading volume for Cardano over the last day amounted to $664.9478M, which is 0.66% of the aggregate volume traded across all digital currencies. Its trading range for the week has been between $0.3206 and $0.4893.

Despite the recent gains, Cardano’s current price signifies an 84.21% decrease from its peak value of $3.10, recorded on Thursday, September 2, 2021.

Updates from elsewhere in the cryptocurrency market

As per the Investing.com Index, Bitcoin’s price was $76,898.2, up by 0.50% today.

Ethereum revealed a 6.19% climb, trading at $3,144.81 on the Investing.com Index.

Bitcoin’s market capitalization is reported at $1,520.2341B, which represents 57.61% of the entire market cap of cryptocurrencies, while Ethereum’s market cap has reached $379.1064B, making up 14.37% of the entire market’s value.