Cardano Falls 10% In Rout

Investing.com – Cardano was trading at $0.4736 by 14:33 (18:33 GMT) on the Investing.com Index on Saturday, down 10.41% on the day. It was the largest one-day percentage loss since April 12.

The move downwards pushed Cardano’s market cap down to $16.9739B, or 0.71% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.4690 to $0.5161 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 18.25%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.1947B or 0.94% of the total volume of all cryptocurrencies. It has traded in a range of $0.4549 to $0.6241 in the past 7 days.

At its current price, Cardano is still down 84.72% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $66,787.1 on the Investing.com Index, down 1.99% on the day.

Ethereum was trading at $3,211.50 on the Investing.com Index, a loss of 3.48%.

Bitcoin’s market cap was last at $1,317.4737B or 54.84% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $386.6054B or 16.09% of the total cryptocurrency market value.

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