Cardano jumped 12.11% on Saturday to $0.1971, its largest one-day gain since February 25. The move capped a 30.81% rise over the past week, though the token remains far below its 2021 peak.
Cardano surged 12.11% on Saturday to trade at $0.1971 by 13:07 (17:07 GMT) on the Investing.com Index. That was the token's largest one-day percentage gain since February 25.
The rally lifted Cardano's market cap to $7.0692B, or 0.32% of the total cryptocurrency market cap. At its highest, Cardano's market cap reached $94.8001B. Over the previous twenty-four hours, the token had traded between $0.1750 and $0.1984.
The daily jump extends a broader move. Cardano gained 30.81% over the past seven days, trading in a range of $0.1416 to $0.1984 across that stretch. Turnover kept pace: volume reached $852.5398M in the twenty-four hours to the time of writing, 1.55% of all cryptocurrency volume.
Yet the token stays well off its record. At its current price, Cardano is down 93.64% from its all-time high of $3.10, set on September 2, 2021.
The rest of the market moved more modestly. Bitcoin traded at $62,908.8 on the Investing.com Index, up 1.17% on the day, while Ethereum reached $1,782.25, a gain of 2.55%. Bitcoin's market cap held 57.73% of the total cryptocurrency market cap, with Ethereum accounting for 9.87%.
Source: Investing.com
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