Cardano Falls 10% In Selloff By Investing.com

Investing.com – Cardano was trading at $0.3288 by 10:43 (14:43 GMT) on the Investing.com Index on Wednesday, down 10.03% 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 $11.5668B, or 1.07% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.3288 to $0.3464 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 4.4%. The volume of Cardano traded in the twenty-four hours to time of writing was $607.7853M or 0.67% of the total volume of all cryptocurrencies. It has traded in a range of $0.2979 to $0.3674 in the past 7 days.

At its current price, Cardano is still down 89.39% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $24,588.0 on the Investing.com Index, down 4.68% on the day.

Ethereum was trading at $1,641.01 on the Investing.com Index, a loss of 6.71%.

Bitcoin’s market cap was last at $477.5188B or 44.18% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $203.2997B or 18.81% of the total cryptocurrency market value.