Cardano Falls 11% In Bearish Trade By Investing.com

Investing.com – Cardano was trading at $0.3706 by 21:43 (01:43 GMT) on the Investing.com Index on Tuesday, down 11.06% on the day. It was the largest one-day percentage loss since April 13.

The move downwards pushed Cardano’s market cap down to $13.8641B, or 0.59% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.3706 to $0.4024 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 11.98%. The volume of Cardano traded in the twenty-four hours to time of writing was $424.2468M or 0.51% of the total volume of all cryptocurrencies. It has traded in a range of $0.3690 to $0.4444 in the past 7 days.

At its current price, Cardano is still down 88.04% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $65,240.8 on the Investing.com Index, down 1.86% on the day.

Ethereum was trading at $3,401.90 on the Investing.com Index, a loss of 5.79%.

Bitcoin’s market cap was last at $1,290.7200B or 54.70% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $421.1722B or 17.85% of the total cryptocurrency market value.