Investing.com – Cardano was trading at $0.053929 by 10:22 (14:22 GMT) on the Investing.com Index on Wednesday, up 10.37% on the day. It was the largest one-day percentage gain since May 15.
The move upwards pushed Cardano’s market cap up to $1.36696B, or 0.49% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.91700B.
Cardano had traded in a range of $0.048865 to $0.053929 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 16.58%. The volume of Cardano traded in the twenty-four hours to time of writing was $110.64835M or 0.16% of the [...]
This week, we find the average crypto market sentiment measure, Sentscore, for the top 10 coins by market capitalization, at 5.26, up from last week’s 4.46, according to Omenics, a crypto market sentiment analysis service.
There are no coins in the negative range this week. All, except Bitcoin, stand within 4.7-5.6 range, with the majority having a Sentscore of 5/10 and higher. Bitcoin, still occupying the number one spot, is back in the positive range, now having a score of 7.1, comparing to 5.8 last Monday. Meanwhile, Monero, the only top 10 coin within the negative zone last week, has now made its way from the 10th to the 9th place, while its score jumped from 3.7 to [...]
The crypto market sphere is running at its worst with increasing volatility and unpredictability. Moreover, Bitcoin’s erratic and turbulent nature is continuously deterring down the values of the altcoin like ADA every then and now. this condition will be the same or can further aggravate in the upcoming days as it is estimated that until the end of this year, the volatility is not going to reduce.
From the above 1-day chart, it is understandable that Cardano is currently getting traded at the lowest ranges possible. Its momentum has completely deterred to the downtrend. Since yesterday noon, it is getting traded in the bearish ranges even with no intermediate bullish [...]
Cardano has been reeling under pressure for the past few weeks. Over the last 24 hours as well, the coin lost a whopping 4%. It has dwindled from 0.053 USD to 0.051 USD in this short span.Cardano Price Statistics-Cardano (ADA)13th August 04:53 UTCRank13thROI (Return on Investment)137.15%Coin Circulation25,927,070,538 ADAMarket Cap1,334,916,984 USDValue in USD0.051034 USDValue in BTC0.00000453 BTC24h Volume35,494,760 USDADA to USD Price Comparison-Cardano Price Chart by TradingView
Cardano started the day with a slump in the value which cost the [...]