Cardano experienced a significant increase in value, trading at $0.4350 on the Investing.com Index, up 10.08% on the day. This marked the largest one-day percentage gain since Saturday, April 13, 2024. The rise in price pushed Cardano’s market cap to $15.6162B, accounting for 0.61% of the total cryptocurrency market cap. The cryptocurrency traded between $0.4350 and $0.4493 in the previous twenty-four hours. Over the past week, Cardano has seen a 2.46% decrease in value, with a trading volume of $776.2751M. Despite the recent increase, Cardano is still down 85.96% from its all-time high of $3.10 in September 2021.
In other cryptocurrency news, Bitcoin was trading at $69,354.3, down 3.24%, while Ethereum saw a loss of 3.95%, trading at $3,681.54 on the Investing.com Index. Bitcoin’s market cap was at $1,368.1534B, representing 53.75% of the total cryptocurrency market cap, while Ethereum’s market cap was $442.9123B, accounting for 17.40% of the total cryptocurrency market value.