Cardano Falls 10% In Rout
2022.05.11 09:55
Cardano Falls 10% In Rout
Investing.com – Cardano was trading at $0.6132 by 02:48 (06:48 GMT) on the Investing.com Index on Wednesday, down 10.04% on the day. It was the largest one-day percentage loss since May 9.
The move downwards pushed Cardano’s market cap down to $21.2235B, or 1.51% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.6112 to $0.6410 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 19.38%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.8865B or 1.27% of the total volume of all cryptocurrencies. It has traded in a range of $0.5859 to $0.9049 in the past 7 days.
At its current price, Cardano is still down 80.21% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $30,884.5 on the Investing.com Index, down 3.86% on the day.
Ethereum was trading at $2,333.59 on the Investing.com Index, a loss of 2.73%.
Bitcoin’s market cap was last at $596.7449B or 42.34% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $285.3776B or 20.25% of the total cryptocurrency market value.
