Cardano Tumbles 20% In Selloff – Cardano was trading at $0.029271 by 01:49 (06:49 GMT) on the Index on Friday, down 20.15% on the day. It was the largest one-day percentage loss since January 16.

The move downwards pushed Cardano’s market cap down to $767.96444M, 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 $0.028679 to $0.030980 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 27.58%. The volume of Cardano traded in the twenty-four hours to time of writing was $29.84548M or 0.17% of the total volume of all cryptocurrencies. It has traded in a range of $0.0287 to $0.0434 in the past 7 days.

At its current price, Cardano is still down 97.83% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $3,400.0 on the Index, down 13.67% on the day.

XRP was trading at $0.30171 on the Index, a loss of 13.00%.

Bitcoin’s market cap was last at $59.60088B or 55.03% of the total cryptocurrency market cap, while XRP’s market cap totaled $12.27540B or 11.33% of the total cryptocurrency market value.

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Hayden P.

A blockchain and cryptocurrency enthusiast

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