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Cardano Falls 13% In Selloff

Published 12/16/2022, 05:39 PM
Cardano Falls 13% In Selloff
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Investing.com - Cardano was trading at $0.2607 by 17:38 (22:38 GMT) on the Investing.com Index on Friday, down 12.81% on the day. It was the largest one-day percentage loss since December 16.

The move downwards pushed Cardano's market cap down to $9.7469B, or 1.19% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $0.2607 to $0.3012 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 9.06%. The volume of Cardano traded in the twenty-four hours to time of writing was $313.4533M or 0.77% of the total volume of all cryptocurrencies. It has traded in a range of $0.2607 to $0.3184 in the past 7 days.

At its current price, Cardano is still down 91.59% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $16,753.0 on the Investing.com Index, down 3.66% on the day.

Ethereum was trading at $1,184.69 on the Investing.com Index, a loss of 6.35%.

Bitcoin's market cap was last at $324.5937B or 39.66% of the total cryptocurrency market cap, while Ethereum's market cap totaled $146.6000B or 17.91% of the total cryptocurrency market value.

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