© Reuters. Cardano declines 10% in a pessimistic market
Investing.com – Cardano was trading at $0.4660 at 04:27 (03:27 GMT) on the Investing.com Index on Monday, down 10.24% on the day. This is the largest drop since December 16, 2022.
This bearish movement caused the capitalization of Cardano to fall to $16.7466B, or 1.04% 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 $0.4660 to $0.4996 over the last 24 hours.
Over the last 7 days, Cardano has posted a fall of -20.81%. The volume of Cardano traded over the last 24 hours reached $494.3902M or 0.94% of the total trading of all cryptocurrencies. It has been moving in a range extending from $0.4660 to $0.6368 over the last 7 days.
At its current price, Cardano is trading 84.96% below its all-time high of September 2, 2021 at $3.10.
As for other cryptocurrencies
Bitcoin is trading at $43,266.0 on Investing.com Index, down 1.42% for the day.
Ethereum was trading at $2,172.13 on the Investing.com Index, a drop of 3.14%.
The total capitalization of Bitcoin reached $849.9365B or 52.90% of the total capitalization of cryptocurrencies, while the capitalization of Ethereum reached $261.8862B or 16.30% of the total value of the cryptocurrency market .