Cardano experienced a significant 12.05% increase in value on Tuesday, reaching $1.2833 by 20:23 (01:23 GMT) on the Investing.com Index. This marked its largest one-day percentage gain since November 22. The rise pushed Cardano’s market capitalization to $43.83 billion, representing 1.26% of the total cryptocurrency market cap, though it remains far below its peak of $94.8 billion.
Over the past 24 hours, Cardano traded within the range of $1.1847 to $1.2960, and it has gained 29.63% over the past week. Trading volume during this period was $5.52 billion, making up 1.92% of the total crypto market volume. Over the past seven days, the price range was between $0.9328 and $1.2960. Despite the recent surge, Cardano is still down 58.59% from its all-time high of $3.10, which was reached on September 2, 2021.
Bitcoin and Ethereum Experience Minor Losses
Bitcoin was last trading at $95,677.90, down 1.86% on the day. Ethereum also saw a decline, falling 1.81% to $3,637.03.
Bitcoin’s market capitalization stood at $1.90 trillion, accounting for 54.60% of the total cryptocurrency market cap, while Ethereum’s market cap was $439.93 billion, or 12.66% of the total market value.
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