Cardano Plunges 33% In Selloff
Investing.com – was trading at $0.282259 by 19:28 (00:28 GMT) on the Investing.com Index on Friday, down 33.04% on the day. It was the largest one-day percentage loss since March 12, 2020.
The move downwards pushed Cardano’s market cap down to $9.116828B, or 1.05% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.917000B.
Cardano had traded in a range of $0.282251 to $0.308488 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 5.13%. The volume of Cardano traded in the twenty-four hours to time of writing was $3.609078B or 2.25% of the total volume of all cryptocurrencies. It has traded in a range of $0.2823 to $0.3971 in the past 7 days.
At its current price, Cardano is still down 79.09% from its all-time high of $1.35 set on January 4, 2018.
Elsewhere in cryptocurrency trading
was last at $29,375.7 on the Investing.com Index, down 18.64% on the day.
was trading at $1,045.02 on the Investing.com Index, a loss of 29.20%.
Bitcoin’s market cap was last at $560.699227B or 64.63% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $123.157329B or 14.20% of the total cryptocurrency market value.
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