Cardano Falls 10% In Selloff
Investing.com – was trading at $1.4051 by 12:50 (17:50 GMT) on the Investing.com Index on Tuesday, down 10.14% on the day. It was the largest one-day percentage loss since October 27.
The move downwards pushed Cardano’s market cap down to $48.4004B, or 2.15% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $1.4050 to $1.5381 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 12.36%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.9125B or 1.81% of the total volume of all cryptocurrencies. It has traded in a range of $1.2762 to $1.5912 in the past 7 days.
At its current price, Cardano is still down 54.66% from its all-time high of $3.10 set on September 2.
Elsewhere in cryptocurrency trading
was last at $47,799.7 on the Investing.com Index, down 7.16% on the day.
was trading at $3,807.40 on the Investing.com Index, a loss of 6.93%.
Bitcoin’s market cap was last at $906.8271B or 40.32% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $451.8568B or 20.09% of the total cryptocurrency market value.
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