Cardano falls 10% in defeat
Investing.com – Cardano was trading at $0.7051 at 04:37 (0837 GMT) on the Investing.com Index on Friday, down 10.06% on the day. It was the largest one-day percentage loss since December 16, 2022.
The downward move pushed Cardano's market capitalization to $25.7123 billion, or 0.99% 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 $0.7030 to $0.7641 in the previous twenty-four hours.
Over the past seven days, Cardano has seen stagnation in its value, as it only moved 1.28%. The volume of Cardano traded in the twenty-four hours up to the time of writing was $1.8161 billion or 0.92% of the total volume of all cryptocurrencies. It has traded in a range of $0.6880 to $0.8097 in the last 7 days.
At its current price, Cardano is still 77.25% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $67,771.5 on the Investing.com index, down 7.59% on the day.
Ethereum was trading at $3,699.38 on the Investing.com index, a loss of 6.66%.
Bitcoin's market capitalization last stood at $1,339.3475 billion or 51.56% of the total cryptocurrency market capitalization, while Ethereum's market capitalization rose to $448.8158 billion. dollars or 17.28% of the total value of the cryptocurrency market.
