Cardano Rises 10.19% in Bullish Trading

Investing.com reports that Cardano was trading at $0.10410 by 17:03 (21:03 GMT) on Friday, reflecting a 10.19% increase for the day. This marked the largest one-day percentage rise since May 29.

The upward movement boosted Cardano’s market capitalization to $2.69 billion, accounting for 1.24% of the overall cryptocurrency market cap. At its peak, Cardano’s market cap had reached $23.92 billion.

In the previous twenty-four hours, Cardano’s trading range fluctuated between $0.09399 and $0.10562.

Over the past week, Cardano has experienced a decline in value, losing 11.52%. The trading volume for Cardano in the twenty-four hours leading up to this report was $90.67 million, representing 0.57% of the total volume across all cryptocurrencies. In the last seven days, Cardano has traded between $0.08434 and $0.11602.

Currently, Cardano’s price is down 92.29% from its all-time high of $1.35, which was reached on January 4.

In other cryptocurrency trading news, Bitcoin was last reported at $6,475.8, up 3.22% for the day. Meanwhile, another cryptocurrency was trading at $300.92, an increase of 5.88%.

Bitcoin’s market cap stood at $111.99 billion, making up 51.71% of the total cryptocurrency market cap, while Ethereum’s market cap was recorded at $30.60 billion, representing 14.13% of the total cryptocurrency market value.