Cardano falls 10% in defeat
Investing.com – Cardano was trading at $0.6956 at 14:37 (19:37 GMT) on Tuesday's Investing.com Index, down 10.40% on the day. It was the largest one-day percentage loss since December 16, 2022.
The downward move pushed Cardano's market capitalization to $25.3478 billion, or 1.06% of the total cryptocurrency market capitalization. At its highest point, Cardano's market capitalization was $94.8001 million.
Cardano had traded in a range of $0.6956 to $0.7828 in the previous twenty-four hours.
In the last seven days, Cardano has seen an increase in value as it gained 14.37%. The volume of Cardano traded in the twenty-four hours up to the time of writing was $1.5415 billion or 0.69% of the total volume of all cryptocurrencies. It has traded in a range of $0.5983 to $0.7980 in the last 7 days.
At its current price, Cardano is still 77.55% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $62,174.5 on the Investing.com index, down 6.66% on the day.
Ethereum was trading at $3,500.74 on the Investing.com index, a loss of 2.55%.
Bitcoin's market capitalization last stood at $1,230.2260 billion or 51.67% of the total cryptocurrency market capitalization, while Ethereum's market capitalization rose to $425.2173 billion dollars or 17.86% of the total value of the cryptocurrency market.
