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Cardano cryptocurrency rises 10% in bullish rally
Cardano was trading at $0.2842 at 14:33 GMT on the Investing.com Index on Wednesday, posting a 10.24% gain on the day. This marked the sharpest daily increase for the cryptocurrency since February 6.
This rise pushed Cardano’s market capitalization to $10.1939 billion, representing 0.44% of the total cryptocurrency market cap. At its peak, Cardano’s market capitalization previously reached $94.8001 billion.
Over the past 24 hours, Cardano traded in a range between $0.2579 and $0.2847.
Over the last 7 days, Cardano showed relative stagnation, moving just 0.73%. Cardano’s trading volume over the past 24 hours totaled $481.2476 million, or 0.51% of the total crypto market volume. Over the past week, it traded within a range of $0.2540 to $0.2935.
Currently, Cardano’s price remains below its all-time high.
Meanwhile, other cryptocurrencies
Bitcoin was priced at $66,537.6 on the Investing.com Index, gaining 4.92% on the day.
Ethereum traded at $1,976.23 on the same platform, posting a 7.72% increase.
Bitcoin’s market capitalization previously stood at $1,328.8748 billion, or 57.84% of the total cryptocurrency market cap, while Ethereum’s market cap was $237.5968 billion, accounting for 10.34% of the overall crypto market.
See also: "Bitcoin rebounds to $65K amid buying and Wall Street gains"
