Cardano Falls 10.55% In Rout
Investing.com – was trading at $1.5699 by 19:40 (19:40 GMT) on the Investing.com Index on Friday, down 10.55% on the day. It was the largest one-day percentage loss since October 27.
The move downwards pushed Cardano’s market cap down to $52.7060B, or 2.11% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.
Cardano had traded in a range of $1.5691 to $1.7281 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a stagnation in value, as it only moved 0.75%. The volume of Cardano traded in the twenty-four hours to time of writing was $2.5174B or 2.08% of the total volume of all cryptocurrencies. It has traded in a range of $1.4230 to $1.7565 in the past 7 days.
At its current price, Cardano is still down 49.34% from its all-time high of $3.10 set on September 2.
Elsewhere in cryptocurrency trading
was last at $53,972.7 on the Investing.com Index, down 4.68% on the day.
was trading at $4,209.51 on the Investing.com Index, a loss of 6.37%.
Bitcoin’s market cap was last at $1,024.5184B or 41.06% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $502.6028B or 20.14% of the total cryptocurrency market value.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.