Cardano drops 10% in sell-off according to Investing.com


Investing.com – Cardano was trading at $0.3658 at 19:39 (23:39 GMT) on the Investing.com index on Thursday, down 10.10% on the day. It was the largest one-day percentage loss since July 4.

The downward movement caused Cardano’s market cap to drop to $13.2704 billion, or 0.63% of the total cryptocurrency market cap. At its highest level, Cardano’s market cap was $94.8001 billion.

Cardano had been trading in a range of $0.3657 to $0.4137 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value as it lost 5.15%. Cardano’s trading volume in the twenty-four hours up to the time of writing was $581.7857 million or 0.63% of the total volume of all cryptocurrencies. It has traded in a range of $0.3657 to $0.4230 over the past 7 days.

At its current price, Cardano is still 88.20% below its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last trading at $57,646.3 on the Investing.com index, down 4.21% on the day.

Ethereum was trading at $3,094.28 on the Investing.com index, a loss of 6.28%.

Bitcoin's market cap was last at $1,141.2953B or 53.82% of the total cryptocurrency market cap, while Ethereum's market cap was at $373.7511B or 17.62% of the total cryptocurrency market cap.



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