Cardano Falls 10.06% In Selloff

  • Investing.com
  • Cryptocurrency News
Cardano Falls 10.06% In Selloff

Investing.com - Cardano was trading at $1.4369 by 01:21 (19:51 GMT) on the Investing.com Index on Saturday, down 10.06% on the day. It was the largest one-day percentage loss since Wednesday, October 27, 2021.

The move downwards pushed Cardano's market cap down to $47.9444B, or 2.07% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $1.1972 to $1.5570 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 8.51%. The volume of Cardano traded in the twenty-four hours to time of writing was $4.2702B or 2.00% of the total volume of all cryptocurrencies. It has traded in a range of $1.1972 to $1.7565 in the past 7 days.

At its current price, Cardano is still down 53.63% from its all-time high of $3.10 set on Thursday, September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin , was last at $49,294.3 on the Investing.com Index, down 8.50% on the day.

Ethereum was trading at $4,115.88 on the Investing.com Index, a loss of 2.79%.

Bitcoin's market cap was last at $932.8758B or 40.28% of the total cryptocurrency market cap, while Ethereum's market cap totaled $488.1129B or 21.08% of the total cryptocurrency market value.

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