Cardano Falls 11% In Bearish Trade
2022.06.15 10:56
Cardano Falls 11% In Bearish Trade
Investing.com – Cardano was trading at $0.4616 by 03:36 (07:36 GMT) on the Investing.com Index on Wednesday, down 11.13% on the day. It was the largest one-day percentage loss since June 12.
The move downwards pushed Cardano’s market cap down to $15.7239B, or 1.74% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $0.4520 to $0.4899 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 26.83%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.7450B or 1.87% of the total volume of all cryptocurrencies. It has traded in a range of $0.4371 to $0.6560 in the past 7 days.
At its current price, Cardano is still down 85.10% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $21,097.6 on the Investing.com Index, down 7.88% on the day.
Ethereum was trading at $1,115.74 on the Investing.com Index, a loss of 10.31%.
Bitcoin’s market cap was last at $404.7940B or 44.82% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $136.4077B or 15.10% of the total cryptocurrency market value.