Cardano Tumbles 20.49% In Bearish Trade

Investing.com – was trading at $0.302373 by 22:39 (22:39 GMT) on the Investing.com Index on Thursday, down 20.49% on the day. It was the largest one-day percentage loss since March 12, 2020.

The move downwards pushed Cardano’s market cap down to $9.612373B, or 1.10% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.917000B.

Cardano had traded in a range of $0.300010 to $0.378560 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 2.85%. The volume of Cardano traded in the twenty-four hours to time of writing was $3.408639B or 2.19% of the total volume of all cryptocurrencies. It has traded in a range of $0.2788 to $0.3971 in the past 7 days.

At its current price, Cardano is still down 77.60% from its all-time high of $1.35 set on January 4, 2018.

Elsewhere in cryptocurrency trading

was last at $30,306.7 on the Investing.com Index, down 15.14% on the day.

was trading at $1,102.59 on the Investing.com Index, a loss of 21.14%.

Bitcoin’s market cap was last at $567.296034B or 64.79% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $128.965106B or 14.73% of the total cryptocurrency market value.