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Cardano surges 11% as investors gain confidence
Investing.com – Cardano was trading at $0.7927 as of 2:05 a.m. (07:05 GMT) on the Investing.com Index on Monday, up 11.28% on the day. It was the largest daily percentage increase since December 13, 2023.
The bullish move pushed Cardano’s market cap to $27.9940 billion, or 1.17% of the total cryptocurrency market cap. Cardano’s market capitalization was at its highest at $94.8001 billion.
Cardano has traded in a range of $0.7236 to $0.7928 in the last 24 hours.
In the last seven days, Cardano recorded a 33.68% increase in value. Cardano volume traded in the 24 hours to press time was $1.2410 billion, or 1.11% of the total volume of all cryptocurrencies. Over the last 7 days, the price has traded in a range of $0.5983 to $0.7928.
At the current price, Cardano is still 74.42% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $63,627.9 on the Investing.com index, up 2.84% on the day.
Ethereum traded at $3,470.23 on the Investing.com index, up 1.68%.
Bitcoin’s market cap most recently stood at $1,251.0564 billion or 52.27% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $417.2733 billion or 17.43% of the total cryptocurrency market cap.
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