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Cryptocurrency2 hours ago (Jan 16, 2022 05:38AM ET)

Cardano Climbs 10% As Investors Gain Confidence

Investing.com – Cardano was trading at $1.3979 by 05:37 (10:37 GMT) on the Investing.com Index on Sunday, up 10.22% on the day. It was the largest one-day percentage gain since December 23, 2021.

The move upwards pushed Cardano’s market cap up to $46.6720B, or 2.25% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $1.2870 to $1.3983 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 19.83%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.6722B or 2.69% of the total volume of all cryptocurrencies. It has traded in a range of $1.0727 to $1.3983 in the past 7 days.

At its current price, Cardano is still down 54.89% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $43,113.5 on the Investing.com Index, up 0.01% on the day.

Ethereum was trading at $3,325.94 on the Investing.com Index, a gain of 0.08%.

Bitcoin’s market cap was last at $817.9491B or 39.39% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $396.9775B or 19.12% of the total cryptocurrency market value.

Cardano Climbs 10% As Investors Gain Confidence

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