© Reuters. Cardano declines 11% amid investor fears
Investing.com – Cardano was trading at $0.3255 at 02:11 (00:11 GMT) on the Investing.com Index on Saturday, down 11.48% on the day. This is the biggest drop since December 16, 2022.
This bearish move caused Cardano’s capitalization to drop to $11.5003B, or 0.95% of the total cryptocurrency market capitalization. At its all-time high, Cardano’s capitalization reached $94.8001B.
Cardano traded in a range extending from $0.3249 to $0.3278 over the past 24 hours.
Over the last 7 days, Cardano has posted an increase of +15.57%. Cardano’s volume traded over the past 24 hours reached $853.4398M or 1.51% of total trade across all cryptocurrencies. It has moved in a range extending from $0.2787 to $0.3779 over the last 7 days.
At its current price, Cardano is trading 89.50% below its all-time high of September 2, 2021 at $3.10.
On the side of other crypto-currencies
Bitcoin is trading at $30,282.2 on the Investing.com Index, down 3.70% on the day.
Ethereum was trading at $1,933.32 on the Investing.com Index, down 3.56%.
Bitcoin’s total capitalization reached $589.2969B or 48.49% of the total cryptocurrency market capitalization, while Ethereum’s capitalization reached $233.0548B or 19.18% of the total cryptocurrency market value .