Cardano Tumbles 20.61% In Selloff

  • Investing.com
  • Cryptocurrency News
Cardano Tumbles 20.61% In Selloff

Investing.com - Cardano was trading at $1.686136 by 06:40 (04:40 GMT) on the Investing.com Index on Wednesday, up 20.61% on the day. It was the largest one-day percentage gain since Thursday, March 12, 2020.

The move upwards pushed Cardano's market cap up to $55.047716B, or 3.00% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $71.557257B.

Cardano had traded in a range of $1.666407 to $2.026881 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 3.7%. The volume of Cardano traded in the twenty-four hours to time of writing was $7.389303B or 3.79% of the total volume of all cryptocurrencies. It has traded in a range of $1.5004 to $2.4601 in the past 7 days.

At its current price, Cardano is still down 31.46% from its all-time high of $2.46 set on Sunday, May 16, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $39,580.3 on the Investing.com Index, down 11.64% on the day.

Ethereum was trading at $2,953.79 on the Investing.com Index, a loss of 15.64%.

Bitcoin's market cap was last at $749.827836B or 40.81% of the total cryptocurrency market cap, while Ethereum's market cap totaled $349.162667B or 19.00% of the total cryptocurrency market value.

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