Cardano Falls 11% In Rout
Cardano Falls 11% In Rout
Investing.com – Cardano was trading at $0.6185 by 01:48 (05:48 GMT) on the Investing.com Index on Tuesday, down 10.85% on the day. It was the largest one-day percentage loss since December 16, 2022.
The move downwards pushed Cardano’s market cap down to $22.2889B, or 0.91% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.6184 to $0.6659 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 17.8%. The volume of Cardano traded in the twenty-four hours to time of writing was $881.0385M or 0.57% of the total volume of all cryptocurrencies. It has traded in a range of $0.6184 to $0.8097 in the past 7 days.
At its current price, Cardano is still down 80.04% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $64,675.4 on the Investing.com Index, down 5.82% on the day.
Ethereum was trading at $3,357.92 on the Investing.com Index, a loss of 7.60%.
Bitcoin’s market cap was last at $1,275.5590B or 52.26% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $405.1558B or 16.60% of the total cryptocurrency market value.
