Cardano Falls 10% In Bearish Trade

Investing.com – Cardano was trading at $0.031164 by 18:43 (23:43 GMT) on the Investing.com Index on Thursday, down 10.01% on the day. It was the largest one-day percentage loss since November 24.

The move downwards pushed Cardano’s market cap down to $819.74684M, or 0.71% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.91700B.

Cardano had traded in a range of $0.031093 to $0.035590 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 24.28%. The volume of Cardano traded in the twenty-four hours to time of writing was $26.54628M or 0.16% of the total volume of all cryptocurrencies. It has traded in a range of $0.0311 to $0.0434 in the past 7 days.

At its current price, Cardano is still down 97.69% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $3,588.7 on the Investing.com Index, down 5.10% on the day.

XRP was trading at $0.31228 on the Investing.com Index, a loss of 8.39%.

Bitcoin’s market cap was last at $63.18061B or 54.90% of the total cryptocurrency market cap, while XRP’s market cap totaled $12.73246B or 11.06% of the total cryptocurrency market value.

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Hayden P.

A blockchain and cryptocurrency enthusiast

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