Cardano Rises 10.11% on a Positive Market Day

Investing.com reported that a cryptocurrency was priced at $0.09801 by 22:01 (02:01 GMT) on Wednesday, marking a rise of 10.11% for the day. This represents the largest single-day percentage increase since May 29.

This upward trend pushed the market capitalization of Cardano to $2.54 billion, accounting for 1.26% of the overall cryptocurrency market cap. At its peak, Cardano’s market cap reached $23.92 billion.

In a 24-hour period leading up to that time, Cardano traded within a range of $0.09371 to $0.09858.

Over the past week, Cardano experienced a decline in value, with a loss of 20.41%. The trading volume of Cardano in the previous 24 hours was approximately $103.40 million,or 0.68% of the total volume across all cryptocurrencies. In the last seven days, it traded between $0.08434 and $0.12618.

Currently, Cardano is down 92.74% from its all-time high of $1.35, achieved on January 4.

In other cryptocurrency trading news, another cryptocurrency was last priced at $6,224.9, reflecting a 3.1% increase for the day. Another cryptocurrency was trading at $283.53, showing a gain of 9.5%.

Bitcoin’s market cap stood at approximately $107.37 billion, representing 53.18% of the total cryptocurrency market cap, while Ethereum’s market cap was around $28.71 billion, making up 14.22% of the overall market value of cryptocurrencies.