Cardano (ADA) Surges 12.53% in Largest Daily Gain Since March
Cardano's Recent Price Surge
Cardano (ADA) saw a notable price increase, trading at $0.9666 as of Monday, marking a 12.53% daily gain—the largest since March 2. This surge boosted its market cap to $33.6681B, representing 1.13% of the total cryptocurrency market. Over the past 24 hours, ADA ranged from $0.9283 to $1.1562, with a 24-hour trading volume of $11.9095B, or 5.33% of the total crypto volume. Over the past week, Cardano has risen by 32.91%, trading between $0.5813 and $1.1562. Despite this growth, ADA remains 68.81% below its all-time high of $3.10 set on September 2, 2021.
Broader Cryptocurrency Market Trends
The broader cryptocurrency market showed positive momentum, with Bitcoin and Ethereum also experiencing gains. Bitcoin was trading at $90,900.6, up 3.96%, while Ethereum rose to $2,296.55, a 2.96% increase. Bitcoin's market cap stood at $1,784.6881B, representing 60.13% of the total market, while Ethereum's market cap was $275.2026B, or 9.27% of the total market value.
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