Cardano Falls 10% In Selloff By

Cardano Falls 10% In Selloff – was trading at $1.1980 by 23:43 (04:43 GMT) on the Index on Thursday, down 10.11% on the day. It was the largest one-day percentage loss since October 27, 2021.

The move downwards pushed Cardano’s market cap down to $40.5235B, or 1.98% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $1.1980 to $1.2439 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 8.38%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.5210B or 1.25% of the total volume of all cryptocurrencies. It has traded in a range of $1.1939 to $1.3900 in the past 7 days.

At its current price, Cardano is still down 61.34% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

was last at $42,631.9 on the Index, down 8.12% on the day.

was trading at $3,407.80 on the Index, a loss of 10.53%.

Bitcoin’s market cap was last at $812.1426B or 39.72% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $411.1912B or 20.11% of the total cryptocurrency market value.

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