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Cardano Tumbles 20.07% In Selloff


on – Cardano was trading at $1.223626 by 17:53 (12:23 GMT) on the Index on Sunday, down 20.07% on the day. It was the largest one-day percentage loss since Wednesday, May 19, 2021.

The move downwards pushed Cardano’s market cap down to $40.029344B, or 2.80% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $71.557257B.

Cardano had traded in a range of $1.223626 to $1.537088 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 47%. The volume of Cardano traded in the twenty-four hours to time of writing was $6.049275B or 3.81% of the total volume of all cryptocurrencies. It has traded in a range of $1.0231 to $2.3259 in the past 7 days.

At its current price, Cardano is still down 50.26% from its all-time high of $2.46 set on Sunday, May 16, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $35,243.1 on the Index, down 7.62% on the day.

Ethereum was trading at $2,068.88 on the Index, a loss of 14.28%.

Bitcoin’s market cap was last at $664.230442B or 46.47% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $242.367790B or 16.95% of the total cryptocurrency market value.

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