Cardano drops 10% in a sale
Investing.com – $1.1980 was trading at $1.1980 by 23:43 (04:43 GMT) on the Investing.com Index on Thursday, down 10.11% on the day. It was the biggest one-day percentage loss since October 27, 2021.
The downward move pushed Cardano’s market cap to $40.5235 billion, or 1.98% of the total cryptocurrency market cap. Cardano’s market capitalization is at an all-time high of $94,800 billion.
Cardano has traded in a range of $1.1980 to $1.2439 in the last 24 hours.
Over the past seven days, Cardano has seen a drop in value, losing 8.38%. Cardano’s trading volume in the twenty-four hours at the time of writing was $1.5210 billion or 1.25% of the total volume of all cryptocurrencies. It has been trading in a range of $1.1939 to $1.3900 in the past seven days.
At its current price, Cardano is still 61.34% lower than its all-time high of $3.10 on September 2, 2021.
Elsewhere in cryptocurrency trading
It was last at $42,631.9 on the Investing.com Index, down 8.12% on the day.
It traded at $3,407.80 on the Investing.com Index, a loss of 10.53%.
Bitcoin’s market cap was last at $812.1426 billion, or 39.72% of the total cryptocurrency market cap, while the total market cap of Ethereum was $411.1912 billion, or 20.11% of the total cryptocurrency market cap.
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