Cardano Falls 10% In Bearish Trade
Investing.com – was trading at $1.0934 by 00:38 (05:38 GMT) on the Investing.com Index on Saturday, down 10.27% on the day. It was the largest one-day percentage loss since January 21.
The move downwards pushed Cardano’s market cap down to $37.3327B, or 2.23% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $1.0934 to $1.1547 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 12.11%. The volume of Cardano traded in the twenty-four hours to time of writing was $2.6264B or 2.17% of the total volume of all cryptocurrencies. It has traded in a range of $1.0934 to $1.6349 in the past 7 days.
At its current price, Cardano is still down 64.72% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
was last at $36,057.2 on the Investing.com Index, down 7.34% on the day.
was trading at $2,521.58 on the Investing.com Index, a loss of 11.77%.
Bitcoin’s market cap was last at $685.4857B or 40.95% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $302.6215B or 18.08% of the total cryptocurrency market value.
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