Bitcoin above $62,000, weekly gains after weak US data - Bitcoin briefly exceeded $62,000 in the previous session and was poised for a 3% weekly gain. Weak US employment data and net ETF inflows supported.
Bloomberg explains why Bitcoin surged to $80,000 - True cryptocurrency enthusiasts have renewed cause for optimism. Just a few days ago,
Cardano was trading at $0.1971 at 20:07 (17:07 GMT) on Saturday according to the Investing.com Index,
up 12.11% for the day. This marked its largest single-day gain since February 25.
The rally pushed Cardano's market capitalization to $7.0692 billion, representing 0.32% of the total cryptocurrency market capitalization. At its peak, Cardano's market cap had previously reached $94.8001 billion.
Over the past 24 hours, Cardano traded within a range of $0.1750 to $0.1984.
Over the last seven days, Cardano has gained 30.81%. Its trading volume for the past 24 hours was $852.5398 million, or 1.55% of the total cryptocurrency trading volume. During the past week, the price fluctuated between $0.1416 and $0.1984.
Meanwhile, other cryptocurrencies:
Bitcoin was trading at $62,907.5 according to the Investing.com Index, up 1.17% for the day.
Ethereum was trading at $1,781.84 according to the Investing.com Index, showing a gain of 2.55%.
Bitcoin's market capitalization stands at $1,260.4715 billion, or 57.73% of the total cryptocurrency market capitalization.
At the same time, Ethereum's market capitalization is $215.5269 billion, or 9.87% of the total market capitalization.