Cardano falls 10% in defeat
Investing.com – Cardano was trading at $0.4660 at 22:27 (03:27 GMT) on Monday’s Investing.com Index, down 10.24% on the day. It was the largest one-day percentage loss since December 16, 2022.
The downward move pushed Cardano’s market cap to $16.7466 billion, or 1.04% of the total cryptocurrency market cap. At its highest point, Cardano’s market capitalization was $94.8001 million.
Cardano had traded in a range of $0.4660 to $0.4996 in the previous twenty-four hours.
In the last seven days, Cardano has seen a drop in value as it lost 20.81%. The volume of Cardano traded in the twenty-four hours up to the time of writing was $494.3902 million or 0.94% of the total volume of all cryptocurrencies. It has traded in a range of $0.4660 to $0.6368 in the last 7 days.
At its current price, Cardano is still 84.96% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $43,314.4 on the Investing.com index, down 1.42% on the day.
Ethereum was trading at $2,172.24 on the Investing.com index, a loss of 3.14%.
Bitcoin’s market capitalization last stood at $849.9365 billion or 52.90% of the total cryptocurrency market capitalization, while Ethereum’s market capitalization amounted to $261.8862 billion. of dollars or 16.30% of the total value of the cryptocurrency market.
