Cardano cryptocurrency rises 10% in bullish trading rally
On Thursday, Cardano cryptocurrency was trading at $0.8170 at 13:12 (10:12 GMT) on the Investing.com Index, marking a 10.03% gain on the day. This was the sharpest daily increase since May 8.
This surge pushed Cardano’s market capitalization to $28.8203 billion, accounting for 0.75% of the total cryptocurrency market cap. At its peak, Cardano’s market capitalization reached $94.8001 billion.
Over the past 24 hours, Cardano traded in a range between $0.7405 and $0.8174.
In the last seven days, Cardano’s price has risen approximately 29.35%. The 24-hour trading volume amounted to $2.0573 billion, or 0.96% of the total crypto market volume. Over the last week, the price fluctuated between $0.6685 and $0.8174.
Currently, Cardano’s price is down from its previous high (exact value not provided).
Meanwhile, other cryptocurrencies:
Bitcoin was trading at $118,583.7 on the Investing.com Index, down 0.14% on the day.
Ethereum traded at $3,459.78, gaining 9.95%.
Bitcoin’s market capitalization previously stood at $2,365.1003 billion, or 61.57% of the total crypto market, while Ethereum’s market cap was $418.6695 billion, or 10.90%.
See also: "Spot Ethereum ETFs Record Largest Inflow in History"
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