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


Investing.com – Cardano was trading at $0.3271 at 20:58 (00:58 GMT) on the Investing.com index on Monday, down 10.27% 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 $12.2404 billion, or 0.61% 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 $0.3269 to $0.3458 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value as it lost 17.55%. Cardano’s trading volume in the twenty-four hours up to the time of writing was $330.6182 million or 0.41% of the total volume of all cryptocurrencies. It has traded in a range of $0.3269 to $0.4077 over the past 7 days.

At its current price, Cardano is still 89.44% below its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last trading at $55,864.4 on the Investing.com index, down 8.03% on the day.

Ethereum was trading at $2,515.79 on the Investing.com index, a loss of 13.68%.

Bitcoin's market cap was last at $1,118.0834B or 55.39% of the total cryptocurrency market cap, while Ethereum's market cap was at $315.7717B or 15.64% of the total cryptocurrency market cap.



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