© Reuters Cardano drops 10% in a bear market
Investing.com – was trading at $0.4312 as of 08:10 (06:10 GMT) on the Investing.com Index on Saturday, down 10.01% on the day. This is the biggest drop since August 19.
This bearish move caused Cardano’s capitalization to drop to $14.7266B, or 1.52% of the total cryptocurrency market capitalization. At its all-time high, Cardano’s capitalization reached $94.8001B.
Cardano traded in a range extending from $0.4266 to $0.4360 over the past 24 hours.
Over the last 7 days, Cardano posted a drop of -5.92%. Cardano’s volume traded over the past 24 hours reached $1.3762B or 1.46% of total trade across all cryptocurrencies. It has moved in a range extending from $0.4264 to $0.4820 over the past 7 days.
At its current price, Cardano is trading 86.09% below its all-time high of September 2, 2021 at $3.10.
On the side of other crypto-currencies
traded at $20,136.3 on the Investing.com Index, down 5.93% on the day.
traded at $1,489.38 on the Investing.com Index, down 10.24%.
Bitcoin’s total capitalization reached $385.1798B or 39.81% of the total cryptocurrency market capitalization, while Ethereum’s capitalization reached $181.6783B or 18.78% of the total cryptocurrency market value .