Cardano Falls 10% In Bearish Trade
2022.04.06 20:18
Cardano Falls 10% In Bearish Trade
Investing.com – Cardano was trading at $1.0715 by 13:05 (17:05 GMT) on the Investing.com Index on Wednesday, down 10.04% on the day. It was the largest one-day percentage loss since January 21.
The move downwards pushed Cardano’s market cap down to $36.4524B, or 1.82% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $1.0669 to $1.1727 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 9.93%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.5640B or 1.31% of the total volume of all cryptocurrencies. It has traded in a range of $1.0669 to $1.2434 in the past 7 days.
At its current price, Cardano is still down 65.42% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $43,512.0 on the Investing.com Index, down 5.18% on the day.
Ethereum was trading at $3,196.76 on the Investing.com Index, a loss of 7.71%.
Bitcoin’s market cap was last at $832.6871B or 41.49% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $386.8022B or 19.27% of the total cryptocurrency market value.
