Cardano Falls 15.27% In Rout
Investing.com – was trading at $1.8464 by 13:39 (08:09 GMT) on the Investing.com Index on Wednesday, down 15.27% on the day. It was the largest one-day percentage loss since Monday, June 21, 2021.
The move downwards pushed Cardano’s market cap down to $70.0052B, or 2.75% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $1.8464 to $2.1550 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a stagnation in value, as it only moved 0.04%. The volume of Cardano traded in the twenty-four hours to time of writing was $2.9375B or 2.28% of the total volume of all cryptocurrencies. It has traded in a range of $1.8456 to $2.2969 in the past 7 days.
At its current price, Cardano is still down 40.42% from its all-time high of $3.10 set on Thursday, September 2, 2021.
Elsewhere in cryptocurrency trading
, was last at $58,267.8 on the Investing.com Index, down 6.66% on the day.
was trading at $3,972.33 on the Investing.com Index, a loss of 5.39%.
Bitcoin’s market cap was last at $1,130.7834B or 44.50% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $489.1734B or 19.25% of the total cryptocurrency market value.