Cardano Falls 14.38% In Selloff
Investing.com - Cardano was trading at $0.09044 by 18:39 (22:39 GMT) on the Investing.com Index on Tuesday, down 14.38% on the day. It was the largest one-day percentage loss since April 25.
The move downwards pushed Cardano's market cap down to $2.38B, or 1.23% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.92B.
Cardano had traded in a range of $0.08434 to $0.10117 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 27.6%. The volume of Cardano traded in the twenty-four hours to time of writing was $110.13M or 0.74% of the total volume of all cryptocurrencies. It has traded in a range of $0.08434 to $0.12618 in the past 7 days.
At its current price, Cardano is still down 93.30% from its all-time high of $1.35 set on January 4.
Elsewhere in cryptocurrency trading
Bitcoin was last at $6,106.1 on the Investing.com Index, down 2.32% on the day.
Ethereum was trading at $262.87 on the Investing.com Index, a loss of 9.35%.
Bitcoin's market cap was last at $105.57B or 54.37% of the total cryptocurrency market cap, while Ethereum's market cap totaled $26.74B or 13.77% of the total cryptocurrency market value.
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