Cardano Falls 10% In Bearish Trade

Cardano was trading at $0.8900 by 02:58 (07:58 GMT) on the Investing.com Index on Sunday, down 10.06% on the day. It was the largest one-day percentage loss since December 9.

The move downwards pushed Cardano's market cap down to $31.2825B, or 0.94% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $0.8706 to $0.9093 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 15.19%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.4931B or 0.93% of the total volume of all cryptocurrencies. It has traded in a range of $0.7627 to $1.1192 in the past 7 days.

At its current price, Cardano is still down 71.28% from its all-time high of $3.10 set on September 2, 2021. Elsewhere in cryptocurrency trading

Bitcoin was last at $96,136.7 on the Investing.com Index, down 2.95% on the day.

Ethereum was trading at $3,332.14 on the Investing.com Index, a loss of 5.44%.

Bitcoin's market cap was last at $1,904.8203B or 57.53% of the total cryptocurrency market cap, while Ethereum's market cap totaled $400.5008B or 12.10% of the total cryptocurrency market value.

Source: Investing.com