Cardano Falls 10% In Rout By Investing.com

Investing.com – Cardano was trading at $0.2910 by 19:17 (23:17 GMT) on the Investing.com Index on Friday, down 10.04% 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 $10.3475B, or 0.94% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.2907 to $0.3237 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 21.72%. The volume of Cardano traded in the twenty-four hours to time of writing was $466.1292M or 1.80% of the total volume of all cryptocurrencies. It has traded in a range of $0.2907 to $0.3818 in the past 7 days.

At its current price, Cardano is still down 90.61% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $26,461.6 on the Investing.com Index, down 0.32% on the day.

Ethereum was trading at $1,836.80 on the Investing.com Index, a loss of 0.69%.

Bitcoin’s market cap was last at $513.9233B or 46.72% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $220.9968B or 20.09% of the total cryptocurrency market value.