Cardano Sees Significant Price Surge, Reaches $0.94 with 12.42% Daily Gain
Cardano experienced a notable price surge, reaching $0.9403, a 12.42% increase in one day, its highest since March 2. This upswing elevated its market cap to $32.7582B, representing 1.15% of the total cryptocurrency market. Over the past 24 hours, Cardano traded between $0.7585 and $0.9524, with a 41.01% gain over the week. The 24-hour trading volume was $5.7097B, reflecting strong investor interest.
Despite recent gains, Cardano remains 69.66% below its September 2021 all-time high of $3.10. Meanwhile, Bitcoin and Ethereum showed moderate increases, with Bitcoin at $86,810.7 (1.37% gain) and Ethereum at $2,148.85 (1.71% gain). Their market caps stood at $1,720.5578B and $258.6607B, respectively, dominating 60.25% and 9.06% of the crypto market. This rally underscores Cardano's potential within the broader cryptocurrency landscape.
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