Cardano Falls 10% In Selloff
Investing.com – Cardano was trading at $0.6506 by 02:48 (06:48 GMT) on the Investing.com Index on Sunday, down 10.19% 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 $23.5301B, or 0.95% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.6494 to $0.6737 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 9.86%. The volume of Cardano traded in the twenty-four hours to time of writing was $991.2856M or 0.69% of the total volume of all cryptocurrencies. It has traded in a range of $0.6494 to $0.8097 in the past 7 days.
At its current price, Cardano is still down 79.01% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $65,541.8 on the Investing.com Index, down 5.28% on the day.
Ethereum was trading at $3,485.03 on the Investing.com Index, a loss of 6.47%.
Bitcoin’s market cap was last at $1,290.7198B or 51.96% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $420.5588B or 16.93% of the total cryptocurrency market value.
This story originally appeared on Investing
