Cardano Falls 10.61% In Rout
Investing.com – was trading at $1.246876 by 04:13 (22:43 GMT) on the Investing.com Index on Thursday, down 10.61% 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 $40.142568B, or 2.26% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $43.940050B.
Cardano had traded in a range of $1.239379 to $1.471938 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 12.63%. The volume of Cardano traded in the twenty-four hours to time of writing was $11.491707B or 8.81% of the total volume of all cryptocurrencies. It has traded in a range of $0.9881 to $1.4719 in the past 7 days.
At its current price, Cardano is still down 15.99% from its all-time high of $1.48 set on Saturday, February 27, 2021.
Elsewhere in cryptocurrency trading
, was last at $57,964.0 on the Investing.com Index, down 0.80% on the day.
was trading at $1,789.73 on the Investing.com Index, a loss of 1.74%.
Bitcoin’s market cap was last at $1,085.020492B or 61.08% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $205.920795B or 11.59% of the total cryptocurrency market value.