Cardano Falls 11% in Selloff By Investing.com

Investing.com – Cardano was trading at $0.9780 at 18:33 (23:33 GMT) on the Investing.com index on Sunday, down 11.45% on the day. It was the biggest one-day percentage loss since January 19.

The move brought Cardano’s market cap down to $35.0412B, or 1.00% of the total cryptocurrency market. At its peak, Cardano’s market cap was $94.8001B.

Cardano traded between $0.9715 and $1.1508 in the last twenty-four hours.

Over the past seven days, Cardano has gained 3.38%. Cardano’s trading volume in the twenty-four hours to the time of writing is $2.8250B or 0.98% of the total volume of cryptocurrencies. It has traded in a range of $0.8845 to $1.1661 over the past 7 days.

At the current price, Cardano is still down 68.44% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $99,967.0 on the Investing.com index, down 4.37% on the day.

Ethereum was trading at $3,182.41 on the Investing.com index, a loss of 3.82%.

Bitcoin’s market cap ended at $2,001.6043B or 57.23% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $384.5872B or 11.00% of the total cryptocurrency market cap.