Cardano Falls 10% in Selloff via Investing.com
Investing.com – Cardano was trading at $0.5274 at 23:37 (04:37 GMT) on the Investing.com Index on Wednesday, down 10.46% on the day. It was the biggest one-day percentage loss since July 4.
The decline brought Cardano’s market cap down to $19.0620B, or 1.00% of the total cryptocurrency market. At its peak, Cardano’s market capitalization was $94.8001B.
Cardano had traded in the range of $0.5274 to $0.5740 in the last twenty-four hours.
In the last seven days, Cardano has seen a rise in value, as it has gained 51.1%. The volume of Cardano traded in the twenty-four hours to the time of writing was $2.8324B or 1.19% of the total value of all cryptocurrencies. It traded in the range of $0.3616 to $0.6591 in the last 7 days.
At its current price, Cardano is still 82.98% down from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin ended at $86,678.2 on the Investing.com Index, down 2.03% on the day.
Ethereum was trading at $3,173.98 on the Investing.com Index, a loss of 4.63%.
The Bitcoin market cap was last at $1,734.5948B or 91.06% of the total cryptocurrency market cap, while the Ethereum market cap reached $388.8000B or 20.41% of the total cryptocurrency market cap.