Cardano Falls 10.02% In Bearish Trade
Investing.com – was trading at $1.559246 by 03:35 (02:35 GMT) on the Investing.com Index on Tuesday, down 10.02% on the day. It was the largest one-day percentage loss since May 23.
The move downwards pushed Cardano’s market cap down to $49.894819B, or 3.24% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $71.557257B.
Cardano had traded in a range of $1.553738 to $1.594620 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 8.93%. The volume of Cardano traded in the twenty-four hours to time of writing was $2.762010B or 2.71% of the total volume of all cryptocurrencies. It has traded in a range of $1.5529 to $1.8882 in the past 7 days.
At its current price, Cardano is still down 36.62% from its all-time high of $2.46 set on May 16.
Elsewhere in cryptocurrency trading
was last at $33,506.0 on the Investing.com Index, down 8.54% on the day.
was trading at $2,584.15 on the Investing.com Index, a loss of 7.24%.
Bitcoin’s market cap was last at $627.901880B or 40.81% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $300.683612B or 19.54% of the total cryptocurrency market value.
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