Cardano Falls 10% In Selloff By Investing.com

Investing.com – Cardano was trading at $0.5308 by 13:13 (18:13 GMT) on the Investing.com Index on Monday, down 10.25% on the day. It was the largest one-day percentage loss since December 11.

The move downwards pushed Cardano’s market cap down to $19.0921B, or 1.23% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.5250 to $0.5978 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 35.27%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.2689B or 1.48% of the total volume of all cryptocurrencies. It has traded in a range of $0.3971 to $0.6459 in the past 7 days.

At its current price, Cardano is still down 82.87% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $40,892.0 on the Investing.com Index, down 6.68% on the day.

Ethereum was trading at $2,186.07 on the Investing.com Index, a loss of 6.79%.

Bitcoin’s market cap was last at $809.0785B or 52.15% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $264.9466B or 17.08% of the total cryptocurrency market value.