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Cardano falls 10% in downturn
Investing.com – Cardano was trading at $0.7051 as of 04:37 (08:37 GMT) on the Investing.com Index on Friday, down 10.06% on the day. It was the largest daily percentage loss since December 16, 2022.
The downward move saw Cardano’s market cap fall to $25.7123 billion, or 0.99% of the total cryptocurrency market cap. Cardano’s market capitalization was at its highest at $94.8001 billion.
Cardano has traded in a range of $0.7030 to $0.7641 in the last 24 hours.
Over the past seven days, Cardano’s value has remained stagnant, moving only 1.28%. Cardano’s traded volume in the 24 hours to press time was $1.8161 billion, or 0.92% of the total volume of all cryptocurrencies. Over the last 7 days, the price has traded in a range of $0.6880 to $0.8097.
At the current price, Cardano is still 77.25% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $67,771.5 on the Investing.com index, down 7.59% on the day.
Ethereum traded at $3,699.38 on the Investing.com index, down 6.66%.
Bitcoin’s market cap most recently stood at $1,339.3475 billion or 51.56% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $448.8158 billion or 17.28% of the total cryptocurrency market cap.
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