© Reuters Cardano drops 10% in a pessimistic market
Investing.com – was trading at $0.4361 as of 04:34 (02:34 GMT) on the Investing.com Index on Monday, down 10.02% on the day. This is the biggest drop since August 19.
This bearish move caused Cardano’s capitalization to drop to $15.0417B, or 1.65% of the total cryptocurrency market capitalization. At its all-time high, Cardano’s capitalization reached $94.8001B.
Cardano traded in a range extending from $0.4351 to $0.4513 over the past 24 hours.
Over the last 7 days, Cardano posted a drop of -13.4%. Cardano’s volume traded over the past 24 hours reached $728.5613M or 1.08% of total trade across all cryptocurrencies. It has moved in a range extending from $0.4351 to $0.5081 over the last 7 days.
At its current price, Cardano is trading 85.93% below its all-time high of September 2, 2021 at $3.10.
On the side of other crypto-currencies
traded at $18,731.6 on the Investing.com Index, down 6.32% on the day.
traded at $1,302.21 on the Investing.com Index, down 10.54%.
Bitcoin’s total capitalization reached $362.5457B or 39.68% of the total cryptocurrency market capitalization, while Ethereum’s capitalization reached $160.0819B or 17.52% of the total cryptocurrency market value .