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Cardano falls 10% in downturn
Investing.com – Cardano was trading at $0.6956 as of 2:37 p.m. (19:37 GMT) on the Investing.com Index on Tuesday, down 10.40% on the day. It was the largest daily percentage loss since December 16, 2022.
The downward move saw Cardano’s market cap fall to $25.3478 billion, or 1.06% 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 $0.6956 to $0.7828 in the last 24 hours.
In the last seven days, Cardano recorded a 14.37% increase in value. Cardano’s traded volume in the 24 hours to press time was $1.5415 billion, or 0.69% of the total volume of all cryptocurrencies. Over the last 7 days, the price has traded in a range of $0.5983 to $0.7980.
At the current price, Cardano is still 77.55% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $62,174.5 on the Investing.com index, down 6.66% on the day.
Ethereum traded at $3,500.74 on the Investing.com index, down 2.55%.
Bitcoin’s market cap most recently stood at $1,230.2260 billion or 51.67% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $425.2173 billion or 17.86% of the total cryptocurrency market cap.
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