Cardano Falls 10% In Selloff By – Cardano was trading at $0.4350 by 07:51 (11:51 GMT) on the Index on Saturday, down 10.08% on the day. It was the largest one-day percentage loss since April 13.

The move downwards pushed Cardano’s market cap down to $15.6162B, or 0.61% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B.

Cardano had traded in a range of $0.4350 to $0.4493 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 2.46%. The volume of Cardano traded in the twenty-four hours to time of writing was $776.2751M or 0.77% of the total volume of all cryptocurrencies. It has traded in a range of $0.4305 to $0.4899 in the past 7 days.

At its current price, Cardano is still down 85.96% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $69,355.5 on the Index, down 3.24% on the day.

Ethereum was trading at $3,681.54 on the Index, a loss of 3.95%.

Bitcoin’s market cap was last at $1,368.1534B or 53.75% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $442.9123B or 17.40% of the total cryptocurrency market value.

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