Cardano Falls 10% In Rout
Cardano Falls 10% In Rout
Investing.com – Cardano was trading at $0.6956 by 14:37 (19:37 GMT) on the Investing.com Index on Tuesday, down 10.40% 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 $25.3478B, or 1.06% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.6956 to $0.7828 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 14.37%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.5415B or 0.69% of the total volume of all cryptocurrencies. It has traded in a range of $0.5983 to $0.7980 in the past 7 days.
At its current price, Cardano is still down 77.55% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $62,174.5 on the Investing.com Index, down 6.66% on the day.
Ethereum was trading at $3,500.74 on the Investing.com Index, a loss of 2.55%.
Bitcoin’s market cap was last at $1,230.2260B or 51.67% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $425.2173B or 17.86% of the total cryptocurrency market value.
