Cardano Falls 10% In Selloff

Investing.com - Cardano was trading at $0.6171 by 10:49 (14:49 GMT) on the Investing.com Index on Thursday, down 10.10% on the day. It was the largest one-day percentage loss since March 9.

The move downwards pushed Cardano’s market cap down to $21.9015B, or 0.84% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.6171 to $0.6574 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 15.93%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.1943B or 0.86% of the total volume of all cryptocurrencies. It has traded in a range of $0.6171 to $0.7461 in the past 7 days.

At its current price, Cardano is still down 80.09% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $81,587.6 on the Investing.com Index, down 5.00% on the day.

Ethereum was trading at $1,761.66 on the Investing.com Index, a loss of 6.09%.

Bitcoin’s market cap was last at $1,626.8143B or 62.15% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $213.1556B or 8.14% of the total cryptocurrency market value.

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