Cardano Falls 12.53% In Selloff

Investing.com - Cardano was trading at $0.08301 by 05:08 (09:08 GMT) on the Investing.com Index on Monday, down 12.53% on the day. It was the largest one-day percentage loss since September 5.

The move downwards pushed Cardano's market cap down to $2.19B, or 0.99% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.92B.

Cardano had traded in a range of $0.08301 to $0.09187 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 22.68%. The volume of Cardano traded in the twenty-four hours to time of writing was $122.03M or 0.83% of the total volume of all cryptocurrencies. It has traded in a range of $0.06197 to $0.09379 in the past 7 days.

At its current price, Cardano is still down 93.85% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,609.8 on the Investing.com Index, down 2.42% on the day.

Ethereum was trading at $232.90 on the Investing.com Index, a loss of 6.54%.

Bitcoin's market cap was last at $114.95B or 52.13% of the total cryptocurrency market cap, while Ethereum's market cap totaled $23.88B or 10.83% of the total cryptocurrency market value.

Related Articles

Ireland Launches €5M Project FinTech Fusion Targeting Blockchain, Other Innovative Tech

Circle App Expands Portfolio with EOS, Stellar, 0x and QTUM

Nevermind the Stagnating Market, Binance Is Pushing Further in Its Expansion