Cardano Falls 10% In Selloff
Investing.com – Cardano was trading at $0.9589 by 07:44 (12:44 GMT) on the Investing.com Index on Sunday, down 10.02% on the day. It was the largest one-day percentage loss since November 24.
The move downwards pushed Cardano’s market cap down to $34.6849B, or 1.82% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.9589 to $1.0968 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 38.47%. The volume of Cardano traded in the twenty-four hours to time of writing was $4.3174B or 1.81% of the total volume of all cryptocurrencies. It has traded in a range of $0.7017 to $1.1467 in the past 7 days.
At its current price, Cardano is still down 69.06% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $96,570.3 on the Investing.com Index, down 2.09% on the day.
Ethereum was trading at $3,302.63 on the Investing.com Index, a loss of 2.90%.
Bitcoin’s market cap was last at $1,915.9357B or 100.58% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $399.0985B or 20.95% of the total cryptocurrency market value.
