Cardano Cryptocurrency Drops 10% Amid Bearish Trading and Pullback
As of 23:33 (20:33 GMT) on Wednesday, the cryptocurrency Cardano was trading at $0.8002, according to the Investing.com index, down 10.25% for the day. This marked the largest single-day drop in Cardano’s price since July 23.
The decline also reduced Cardano’s market capitalization to $28.7853 billion, or 0.75% of the total cryptocurrency market cap. At its peak, Cardano’s market cap had reached $94.8001 billion.
Over the past 24 hours, Cardano traded in a range between $0.8002 and $0.9034.
Over the last 7 days, Cardano had shown a price increase of up to 5.2% from its target level. The 24-hour trading volume for Cardano before the time of publication was $1.7091 billion, or 0.87% of the total crypto market volume. During the past week, its price ranged between $0.7405 and $0.9327.
At present, Cardano has fallen from its previous high (exact value not specified).
Meanwhile, other cryptocurrencies:
Bitcoin was last trading at $117,822.0, according to Investing.com, down 1.53% on the day.
Ethereum was trading at $3,550.41, reflecting a 4.01% decline.
Bitcoin’s market capitalization stood at $2,355.8939 billion, or 61.06% of the total crypto market, while Ethereum’s market cap was $432.6121 billion, or 11.21% of the total.
Українська
Русский
English

