Cardano falls 10% in selloff

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Cardano was trading at $0.081775 by 20:06 (00:06 GMT) on the Index on Monday, down 10.04% on the day. It was the largest one-day percentage loss since June 27.

The move downwards pushed Cardano’s market cap down to $2.12855B, or 0.68% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.91700B.

Cardano had traded in a range of $0.081775 to $0.082516 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 14.85%. The volume of Cardano traded in the twenty-four hours to time of writing was $161.85581M or 0.19% of the total volume of all cryptocurrencies. It has traded in a range of $0.0818 to $0.1067 in the past 7 days.

At its current price, Cardano is still down 93.94% from its all-time high of $1.35 set on January 4, 2018.

Elsewhere in cryptocurrency trading

  • Bitcoin was last at $10,761.5 on the Index, down 10.64% on the day.
  • Ethereum was trading at $290.84 on the Index, a loss of 9.50%.

Bitcoin’s market cap was last at $192.08225B or 61.38% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $30.97468B or 9.90% of the total cryptocurrency market value.

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