Cardano Tumbles 20.03% In Selloff
Investing.com – was trading at $1.141378 by 01:22 (00:22 GMT) on the Investing.com Index on Tuesday, down 20.03% on the day. It was the largest one-day percentage loss since May 19.
The move downwards pushed Cardano’s market cap down to $36.721776B, or 2.92% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $71.557257B.
Cardano had traded in a range of $1.141378 to $1.178838 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 27.34%. The volume of Cardano traded in the twenty-four hours to time of writing was $4.012462B or 3.18% of the total volume of all cryptocurrencies. It has traded in a range of $1.1414 to $14.6327 in the past 7 days.
At its current price, Cardano is still down 92.20% from its all-time high of $14.63 set on June 21.
Elsewhere in cryptocurrency trading
was last at $31,268.9 on the Investing.com Index, down 12.13% on the day.
was trading at $1,868.30 on the Investing.com Index, a loss of 16.41%.
Bitcoin’s market cap was last at $587.209615B or 46.70% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $217.816240B or 17.32% of the total cryptocurrency market value.
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