©Reuters. Cardano declines 10% amid seller dominance
Investing.com – Cardano was trading at $0.5308 at 7:13 p.m. (18:13 GMT) on the Investing.com Index on Monday, down 10.25% on the day. This is the biggest drop since December 11.
This bearish movement caused the capitalization of Cardano to fall to $19.0921B, or 1.23% of the total capitalization of the cryptocurrency market. At its all-time high, Cardano’s capitalization reached $94.8001B.
Cardano has moved in a range extending from $0.5250 to $0.5978 over the last 24 hours.
Over the last 7 days, Cardano has posted an increase of +35.27%. The volume of Cardano traded over the last 24 hours reached $1.2689B or 1.48% of the total trading of all cryptocurrencies. It has been moving in a range extending from $0.3971 to $0.6459 over the last 7 days.
At its current price, Cardano is trading 82.87% below its all-time high of September 2, 2021 at $3.10.
As for other cryptocurrencies
Bitcoin is trading at $40,969.5 on Investing.com Index, down 6.68% for the day.
Ethereum was trading at $2,186.24 on the Investing.com Index, a drop of 6.79%.
The total capitalization of Bitcoin reached $809.0785B or 52.15% of the total capitalization of cryptocurrencies, while the capitalization of Ethereum reached $264.9466B or 17.08% of the total value of the cryptocurrency market .