Cardano Falls 10% In Selloff
Investing.com – was trading at $1.1980 by 23:43 (04:43 GMT) on the Investing.com Index on Thursday, down 10.11% on the day. It was the largest one-day percentage loss since October 27, 2021.
The move downwards pushed Cardano’s market cap down to $40.5235B, or 1.98% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $1.1980 to $1.2439 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 8.38%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.5210B or 1.25% of the total volume of all cryptocurrencies. It has traded in a range of $1.1939 to $1.3900 in the past 7 days.
At its current price, Cardano is still down 61.34% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
was last at $42,631.9 on the Investing.com Index, down 8.12% on the day.
was trading at $3,407.80 on the Investing.com Index, a loss of 10.53%.
Bitcoin’s market cap was last at $812.1426B or 39.72% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $411.1912B or 20.11% of the total cryptocurrency market value.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.