Cardano rises 16% as investor confidence grows

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currencyjournals – On the currencyjournals index on Wednesday, Cardano was buying and selling at $0.7226 by 14:07 (19:07 GMT), up 15.60% on the day. This was the biggest single-day improve since December 8, 2023.

This improve elevated Cardano's market capitalization to $25,687.8 million, or 1.02% of the cryptocurrency market capitalization. At its peak, Cardano's market capitalization was $94.801 billion.

Cardano has been buying and selling in a variety of $0.6652-$0.7559 over the previous 24 hours.

Over the previous 7 days, Cardano has elevated in worth by 17.23%. Cardano's buying and selling quantity within the 24 hours as much as the time of this writing was $1,875.2 million, or his 0.82% of the overall buying and selling quantity of all cryptocurrencies. It has been buying and selling inside a variety of 0.5861-0.7980 USD for the previous 7 days.

On the present value, Cardano continues to be down 76.68% from its all-time excessive of $3.10 on September 2, 2021.

Elsewhere for cryptocurrency buying and selling

Bitcoin's final value on the currencyjournals index was $67,062.6, up 4.71% on the day.

Ethereum was buying and selling at $3,853.28, up 6.65% on the currencyjournals Index.

Bitcoin's market cap was final valued at $1,317,519 million, or 52.43% of the overall crypto market, whereas Ethereum's market cap was $463,754 million, or 18.45% of the overall crypto market. .

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