Cardano Tumbles 23.05% In Bearish Trade

  • 2 months ago
  • news
  • 1 – was trading at $0.126382 by 03:53 (22:23 GMT) on the Index on Wednesday, down 23.05% on the day. It was the largest one-day percentage loss since Thursday, March 12, 2020.

The move downwards pushed Cardano’s market cap down to $4.156919B, or 0.67% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.917000B.

Cardano had traded in a range of $0.126379 to $0.157753 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 19.42%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.375532B or 0.64% of the total volume of all cryptocurrencies. It has traded in a range of $0.1264 to $0.1760 in the past 7 days.

At its current price, Cardano is still down 90.64% from its all-time high of $1.35 set on Thursday, January 4, 2018.

Elsewhere in cryptocurrency trading

was last at $22,738.9 on the Index, down 4.58% on the day.

was trading at $556.81 on the Index, a loss of 12.00%.

Bitcoin’s market cap was last at $428.947857B or 68.67% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $66.877858B or 10.71% of the total cryptocurrency market value.

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