Cardano Falls 10% In Rout By Investing.com

Investing.com – Cardano was trading at $0.4660 by 22:27 (03:27 GMT) on the Investing.com Index on Monday, down 10.24% 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 $16.7466B, or 1.04% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.4660 to $0.4996 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 20.81%. The volume of Cardano traded in the twenty-four hours to time of writing was $494.3902M or 0.94% of the total volume of all cryptocurrencies. It has traded in a range of $0.4660 to $0.6368 in the past 7 days.

At its current price, Cardano is still down 84.96% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $43,314.4 on the Investing.com Index, down 1.42% on the day.

Ethereum was trading at $2,172.24 on the Investing.com Index, a loss of 3.14%.

Bitcoin’s market cap was last at $849.9365B or 52.90% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $261.8862B or 16.30% of the total cryptocurrency market value.