Cardano Falls 11% In Bearish Trade

Investing.com – Cardano was trading at $0.062274 by 10:59 (15:59 GMT) on the Investing.com Index on Thursday, down 11.30% on the day. It was the largest one-day percentage loss since October 11.

The move downwards pushed Cardano’s market cap down to $1.57893B, or 0.87% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.91700B.

Cardano had traded in a range of $0.058255 to $0.066717 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 21.45%. The volume of Cardano traded in the twenty-four hours to time of writing was $81.58476M or 0.32% of the total volume of all cryptocurrencies. It has traded in a range of $0.0583 to $0.0782 in the past 7 days.

At its current price, Cardano is still down 95.39% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $5,634.3 on the Investing.com Index, down 10.24% on the day.

XRP was trading at $0.46765 on the Investing.com Index, a loss of 0.97%.

Bitcoin’s market cap was last at $96.18234B or 53.02% of the total cryptocurrency market cap, while XRP’s market cap totaled $18.43902B or 10.17% of the total cryptocurrency market value.

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