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Cardano Falls 10% In Selloff

Published 11/12/2024, 11:38 PM
Cardano Falls 10% In Selloff

Investing.com - Cardano was trading at $0.5274 by 23:37 (04:37 GMT) on the Investing.com Index on Wednesday, down 10.46% on the day. It was the largest one-day percentage loss since July 4.

The move downwards pushed Cardano's market cap down to $19.0620B, or 1.00% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $0.5274 to $0.5740 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 51.1%. The volume of Cardano traded in the twenty-four hours to time of writing was $2.8324B or 1.19% of the total volume of all cryptocurrencies. It has traded in a range of $0.3616 to $0.6591 in the past 7 days.

At its current price, Cardano is still down 82.98% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $86,678.2 on the Investing.com Index, down 2.03% on the day.

Ethereum was trading at $3,173.98 on the Investing.com Index, a loss of 4.63%.

Bitcoin's market cap was last at $1,734.5948B or 91.06% of the total cryptocurrency market cap, while Ethereum's market cap totaled $388.8000B or 20.41% of the total cryptocurrency market value.

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