Cardano Falls 10% In Rout By Investing.com

Investing.com – was trading at $0.5197 by 06:04 (10:04 GMT) on the Investing.com Index on Saturday, down 10.06% on the day. It was the largest one-day percentage loss since May 11.

The move downwards pushed Cardano’s market cap down to $17.6595B, or 1.40% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.5197 to $0.5566 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 32.76%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.3560B or 1.35% of the total volume of all cryptocurrencies. It has traded in a range of $0.4029 to $0.7653 in the past 7 days.

At its current price, Cardano is still down 83.23% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

was last at $29,408.9 on the Investing.com Index, down 3.38% on the day.

was trading at $2,019.59 on the Investing.com Index, a loss of 2.81%.

Bitcoin’s market cap was last at $559.6376B or 44.35% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $244.2760B or 19.36% of the total cryptocurrency market value.