Cardano Falls 10% In Selloff

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Investing.com - Cardano was trading at $0.7364 by 17:57 (22:57 GMT) on the Investing.com Index on Tuesday, down 10.07% on the day. It was the largest one-day percentage loss since February 2.

The move downwards pushed Cardano's market cap down to $25.8160B, or 0.81% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $0.7158 to $0.8195 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 19.33%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.6114B or 0.83% of the total volume of all cryptocurrencies. It has traded in a range of $0.5377 to $0.9877 in the past 7 days.

At its current price, Cardano is still down 76.24% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $97,537.0 on the Investing.com Index, down 4.07% on the day.

Ethereum was trading at $2,676.37 on the Investing.com Index, a loss of 6.82%.

Bitcoin's market cap was last at $1,920.4229B or 60.54% of the total cryptocurrency market cap, while Ethereum's market cap totaled $320.6755B or 10.11% of the total cryptocurrency market value.

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