Cardano Climbs 10% As Investors Gain Confidence

Cardano Climbs 10% As Investors Gain Confidence

Investing.com - Cardano was trading at $1.333122 by 01:13 (05:13 GMT) on the Investing.com Index on Monday, up 10.22% on the day. It was the largest one-day percentage gain since March 26.

The move upwards pushed Cardano's market cap up to $42.406032B, or 2.04% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $43.940050B.

Our top trading bots

Cardano had traded in a range of $1.263286 to $1.333198 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 11.08%. The volume of Cardano traded in the twenty-four hours to time of writing was $4.385881B or 3.14% of the total volume of all cryptocurrencies. It has traded in a range of $1.1601 to $1.3370 in the past 7 days.

At its current price, Cardano is still down 10.18% from its all-time high of $1.48 set on February 27.

Elsewhere in cryptocurrency trading

Bitcoin was last at $60,152.9 on the Investing.com Index, up 0.87% on the day.

Ethereum was trading at $2,153.18 on the Investing.com Index, a gain of 1.48%.

Bitcoin's market cap was last at $1,121.798331B or 54.07% of the total cryptocurrency market cap, while Ethereum's market cap totaled $248.086529B or 11.96% of the total cryptocurrency market value.

Keep reading relating to Investing.com
Motorcycle expert turns passion project into sports analytics platform on blockchain
Skill sets gained from working on trading strategies, technology, data science and a personal passion for motorcycle racing made Scott Robinson launch a...
Inside the blockchain developers’ mind: Can EOS deliver a killer social DApp?
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain...
Ted Cruz buys the Bitcoin dip
Rafael ‘Ted’ Cruz, the junior Republican senator from Texas, is putting his money where his mouth is.According to a financial disclosure filed on Friday...
Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon
On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it raised...
Robinhood plans to launch beta crypto wallets in January as HOOD drops to $17
Cryptocurrency and stock trading app Robinhood plans to roll out the beta version of its digital wallet feature starting in January 2022. In a Wednesday...
Bitcoin struggles to hold $47K as Fed meeting adds to 'extreme' BTC market panic
Bitcoin (BTC) sought cues from the United States Federal Reserve on Dec. 14 as markets waited anxiously for news on policy. BTC/USD 1-hour candle chart...
Bitcoin miner to go public on Nasdaq after $4B SPAC merger
Bitdeer Technologies Holding Company, a Singapore-based Bitcoin (BTC) mining corporation, has announced that it has entered into a definitive merger agreement...
How traders can use Twitter to anticipate altcoin price moves
When crypto traders win big, they often take to Twitter to share the joy. They tend to do the same for sharing painful stories of getting wrecked, discussing...
SEC reportedly investigates decentralized exchange Uniswap
The United States Securities and Exchange Commission is reportedly investigating the startup behind the world’s largest decentralized cryptocurrency exchange,...
Avalanche Rush to give out more than 180M in DeFi incentives
Smart contract platform Avalanche has announced a $180 million liquidity mining incentive program, named Avalanche Rush. The program aims to encourage more...
Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC
Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net income for the second quarter. The firm’s July 26 earnings report showed...
$157B Victory Capital plans to enter crypto market
Investment firm Victory Capital Management announced it would be taking steps for its U.S.-based investors to get exposure to the crypto market.In a Wednesday...
Legacy banks should learn about staking and DeFi or risk extinction
It’s all about the economy, cryptocurrencies, art and future projections. To talk about all this, Cointelegraph en Español reached out to artist Alberto...
Here’s Why Crypto-Market Shed $700 bln Since January
The entire market of cyber-coins lost almost $700 billion since the beginning of 2018. At present, the crypto-ecosystem is going through a massive sell-off,...
Bitcoin At Premium: How BTC Prospers in Africa
Years ago media predicted the rise of bitcoin in the emerging-market countries. Unsurprisingly, that’s what is happening today. Bitcoin and its brethren...