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Cardano Falls 11% In Bearish Trade By Investing.com

Investing.com – Cardano was trading at $0.3706 by 21:43 (01:43 GMT) on the Investing.com Index on Tuesday, down 11.06% on the day. It was the largest one-day percentage loss since April 13.

The move downwards pushed Cardano’s market cap down to $13.8641B, or 0.59% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.3706 to $0.4024 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 11.98%. The volume of Cardano traded in the twenty-four hours to time of writing was $424.2468M or 0.51% of the total volume of all cryptocurrencies. It has traded in a range of $0.3690 to $0.4444 in the past 7 days.

At its current price, Cardano is still down 88.04% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $65,240.8 on the Investing.com Index, down 1.86% on the day.

Ethereum was trading at $3,401.90 on the Investing.com Index, a loss of 5.79%.

Bitcoin’s market cap was last at $1,290.7200B or 54.70% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $421.1722B or 17.85% of the total cryptocurrency market value.


Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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