Cardano Falls 10% In Rout
Investing.com – was trading at $0.4741 by 18:56 (22:56 GMT) on the Investing.com Index on Thursday, down 10.11% on the day. It was the largest one-day percentage loss since June 16.
The move downwards pushed Cardano’s market cap down to $16.2696B, or 1.83% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.4741 to $0.5459 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 23.81%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.2361B or 1.64% of the total volume of all cryptocurrencies. It has traded in a range of $0.4371 to $0.6358 in the past 7 days.
At its current price, Cardano is still down 84.70% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
was last at $20,390.4 on the Investing.com Index, down 9.33% on the day.
was trading at $1,068.03 on the Investing.com Index, a loss of 12.46%.
Bitcoin’s market cap was last at $392.6562B or 44.13% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $132.6749B or 14.91% of the total cryptocurrency market value.
Read More:Cardano Falls 10% In Rout By Investing.com
