The Crypto market has always been highly volatile but for the past some time now, it seems to be quite stable. However, Cardano seems to get out of the flow as it climbs up by 10% in a single day. It has been seen that this is the largest one-day percentage gain in this currency since September 25, 2020.
With this one-day percentage gain, the market cap of Cardano is moved up to $3.296788 billion. It is now having 0.91% of the total market cap of cryptocurrencies. To date, the highest Cardano’s market cap has reached was $23.917000B.
Cardano is Still Down From It’s All-Time High
In the past seven days, the price of Cardano has seen a surge of 13.37% and from the past one day, it has traded in between $0.101306 to $0.106449. The recorded trading volume of the currency in the past twenty-four hours was $832.451907 million. This could be seen as 0.94% of the trading volume of all the cryptocurrencies.
Over the past seven days, Cardano is trading between the range of $0.0895 to $0.1064. However, despite this increase, the current price of the currency is still down by 92.11% from its all-time high in January 2018.
Other Cryptocurrencies Also Experiencing Gains
It is not only Cardano, as other cryptocurrencies are also seeing some gains in their price. In the past one day, the price of Bitcoin was up by 4.72% as it has reached $11,429.1. The same is the case with Ethereum as it has also seen a gain of 7.09%, over the past one day and has now reached $377.59. With all the increase in different cryptocurrencies, especially the prominent ones, people have started hoping that the market might be moving to a bullish stage. Now the market cap of Bitcoin is $211.825855 billion which is 58.62% of the total crypto market cap. While Ethereum is having 11.82% of the total crypto market cap which is $42.697665 billion.