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Cardano falls 10% in sell-off
Investing.com – Cardano was trading at $0.6506 as of 2:48 a.m. (06:48 GMT) on the Investing.com Index on Sunday, down 10.19% on the day. It was the largest daily percentage loss since December 16, 2022.
The downward move saw Cardano’s market cap fall to $23.5301 billion, or 0.95% 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 $0.6494 to $0.6737 in the last 24 hours.
Over the last seven days, Cardano recorded a 9.86% loss in value. Cardano’s traded volume in the 24 hours to press time was $991.2856 million, or 0.69% of the total volume of all cryptocurrencies. Over the last 7 days, the price has traded in a range of $0.6494 to $0.8097.
At the current price, Cardano is still 79.01% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $65,541.8 on the Investing.com index, down 5.28% on the day.
Ethereum traded at $3,485.03 on the Investing.com index, down 6.47%.
Bitcoin’s market cap most recently stood at $1,290.7198 billion or 51.96% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $420.5588 billion or 16.93% of the total cryptocurrency market cap.
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