Cardano Falls 10% In Selloff
2022.05.25 04:18
Cardano Falls 10% In Selloff
Investing.com – Cardano was trading at $0.4936 by 10:11 (14:11 GMT) on the Investing.com Index on Tuesday, down 10.03% on the day. It was the largest one-day percentage loss since May 18.
The move downwards pushed Cardano’s market cap down to $16.8226B, or 1.36% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.4936 to $0.5232 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 15.6%. The volume of Cardano traded in the twenty-four hours to time of writing was $741.1072M or 0.95% of the total volume of all cryptocurrencies. It has traded in a range of $0.4919 to $0.5859 in the past 7 days.
At its current price, Cardano is still down 84.07% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $28,710.0 on the Investing.com Index, down 5.31% on the day.
Ethereum was trading at $1,914.48 on the Investing.com Index, a loss of 6.97%.
Bitcoin’s market cap was last at $549.9791B or 44.49% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $233.3560B or 18.88% of the total cryptocurrency market value.
