Cardano Falls 10.09% In Bearish Trade
Investing.com – was trading at $1.117112 by 23:19 (17:49 GMT) on the Investing.com Index on Thursday, down 10.09% on the day. It was the largest one-day percentage loss since Tuesday, February 23, 2021.
The move downwards pushed Cardano’s market cap down to $36.050002B, or 2.38% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $41.646475B.
Cardano had traded in a range of $1.117112 to $1.229926 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a stagnation in value, as it only moved 1.93%. The volume of Cardano traded in the twenty-four hours to time of writing was $6.014676B or 4.61% of the total volume of all cryptocurrencies. It has traded in a range of $0.9930 to $1.4841 in the past 7 days.
At its current price, Cardano is still down 24.73% from its all-time high of $1.48 set on Saturday, February 27, 2021.
Elsewhere in cryptocurrency trading
, was last at $49,007.6 on the Investing.com Index, down 4.55% on the day.
was trading at $1,572.48 on the Investing.com Index, a loss of 3.20%.
Bitcoin’s market cap was last at $919.765123B or 60.71% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $181.714890B or 11.99% of the total cryptocurrency market value.