Cardano Tumbles 22% In Selloff
Investing.com – was trading at $0.690598 by 21:35 (02:35 GMT) on the Investing.com Index on Monday, down 22.44% on the day. It was the largest one-day percentage loss since March 12, 2020.
The move downwards pushed Cardano’s market cap down to $23.700733B, or 1.68% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $28.856347B.
Cardano had traded in a range of $0.690598 to $0.865184 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 18.12%. The volume of Cardano traded in the twenty-four hours to time of writing was $7.332799B or 3.85% of the total volume of all cryptocurrencies. It has traded in a range of $0.6660 to $0.9791 in the past 7 days.
At its current price, Cardano is still down 48.84% from its all-time high of $1.35 set on January 4, 2018.
Elsewhere in cryptocurrency trading
was last at $46,242.0 on the Investing.com Index, down 2.44% on the day.
was trading at $1,688.46 on the Investing.com Index, a loss of 7.61%.
Bitcoin’s market cap was last at $865.873131B or 61.44% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $194.112375B or 13.77% of the total cryptocurrency market value.
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