Cardano cryptocurrency dropped 12% in bearish trading with a pullback
As of 09:03 (06:03 GMT) on Monday, Cardano traded at $0.7936, according to the Investing.com index, falling 11.79% that day. This was the most significant drop in the cryptocurrency's value since April 6.
The decline also led to a reduction in Cardano's market capitalization to $30.3234 billion, or 0.77% of the total capitalization of all cryptocurrencies. Previously, at its peaks, Cardano's capitalization reached $94.8001 billion.
Over the past 24 hours, Cardano traded in the range from $0.7921 to $0.8875.
In the past 7 days, Cardano lost 6.05% in price. The trading volume of Cardano over the past 24 hours, as of the time of publication, was $1.3582 billion, or 0.99% of the total volume of all cryptocurrencies. The price fluctuated between $0.7921 and $0.9384 over the last 7 days.
At the moment, Cardano has fallen from its previously established maximum.
Meanwhile, other cryptocurrencies:
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Bitcoin (BTC) last traded at $112,376.8, down 3.04% during the day.
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Ethereum (ETH) traded at $4,132.41, down 8.75%.
Market capitalization:
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Bitcoin: $2,277.6623 billion, or 57.63% of the total cryptocurrency market capitalization.
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Ethereum: $517.0834 billion, or 13.08% of the total cryptocurrency market capitalization.
See also: "Bitcoin: Price Holds Around $113K Amid Fed Rate Concerns"
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