Cardano, the 11th largest cryptocurrency, has experienced a 5% increase in price in the past 24 hours, following Bitcoin's rise above $61,000. The overall cryptocurrency market fell due to higher-than-expected inflation, affecting hopes for a rate decrease by the Fed. Cardano's price fell to a low of $0.331 but has rebounded to $0.348. The rebound is accompanied by a spike in large transaction volume, totaling $5.8 billion in the past 24 hours. Cardano reported growth highlights in September, including an increase in projects, delegated wallets, Plutus scripts, token policies, native tokens issued, and overall transactions. Updates were also released for Node v.9.2.0, Lace v.1.16, and Hydra version 0.19.0.



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