Cardano Falls 10.80% In Selloff

  • by THO
  • 3 weeks ago
  • news
  • 1 – was trading at $2.0601 by 02:48 (21:18 GMT) on the Index on Wednesday, down 10.80% on the day. It was the largest one-day percentage loss since Tuesday, September 7, 2021.

The move downwards pushed Cardano’s market cap down to $70.7227B, or 2.49% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $2.0586 to $2.3263 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a stagnation in value, as it only moved 1.49%. The volume of Cardano traded in the twenty-four hours to time of writing was $5.4356B or 3.63% of the total volume of all cryptocurrencies. It has traded in a range of $1.9437 to $2.3746 in the past 7 days.

At its current price, Cardano is still down 33.52% from its all-time high of $3.10 set on Thursday, September 2, 2021.

Elsewhere in cryptocurrency trading

, was last at $65,311.0 on the Index, down 3.18% on the day.

was trading at $4,605.31 on the Index, a loss of 4.48%.

Bitcoin’s market cap was last at $1,240.4793B or 43.70% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $546.9724B or 19.27% of the total cryptocurrency market value.

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