Cardano Falls 11% In Selloff

Investing.com - Cardano was trading at $0.6236 by 20:36 (00:36 GMT) on the Investing.com Index on Friday, down 10.76% on the day. It was the largest one-day percentage loss since April 6.

The move downwards pushed Cardano’s market cap down to $22.7527B, or 0.70% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.6236 to $0.6608 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 3%. The volume of Cardano traded in the twenty-four hours to time of writing was $742.5852M or 0.56% of the total volume of all cryptocurrencies. It has traded in a range of $0.6236 to $0.7308 in the past 7 days.

At its current price, Cardano is still down 79.88% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $103,337.4 on the Investing.com Index, down 4.94% on the day.

Ethereum was trading at $2,511.49 on the Investing.com Index, a loss of 9.52%.

Bitcoin’s market cap was last at $2,078.8431B or 63.82% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $310.5677B or 9.53% of the total cryptocurrency market value.

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