Cardano Falls 10% In Rout By Investing.com

Investing.com – Cardano was trading at $0.7051 by 04:37 (08:37 GMT) on the Investing.com Index on Friday, down 10.06% 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 $25.7123B, or 0.99% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.7030 to $0.7641 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a stagnation in value, as it only moved 1.28%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.8161B or 0.92% of the total volume of all cryptocurrencies. It has traded in a range of $0.6880 to $0.8097 in the past 7 days.

At its current price, Cardano is still down 77.25% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $67,771.5 on the Investing.com Index, down 7.59% on the day.

Ethereum was trading at $3,699.38 on the Investing.com Index, a loss of 6.66%.

Bitcoin’s market cap was last at $1,339.3475B or 51.56% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $448.8158B or 17.28% of the total cryptocurrency market value.