Cardano falls 10% in negative trend
Investing.com – Cardano was trading at $0.7051 at 09:37 (08:37 GMT) on the Investing.com Index on Friday, down 10.06% on the day. This is the largest drop since December 16, 2022.
This bearish movement caused the capitalization of Cardano to fall to $25.7123B, or 0.99% 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 $0.7030 to $0.7641 over the last 24 hours.
Over the last 7 days, Cardano has shown stagnation of only 1.28%. The volume of Cardano traded over the last 24 hours reached $1.8161B or 0.92% of the total trading of all cryptocurrencies. It has been moving in a range extending from $0.6880 to $0.8097 over the last 7 days.
At its current price, Cardano is trading 77.25% below its all-time high of September 2, 2021 at $3.10.
As for other cryptocurrencies
Bitcoin is trading at $67,840.2 on Investing.com Index, down 7.59% for the day.
Ethereum was trading at $3,707.15 on the Investing.com Index, a drop of 6.66%.
The total capitalization of Bitcoin reached $1,339.3475B or 51.56% of the total capitalization of cryptocurrencies, while the capitalization of Ethereum reached $448.8158B or 17.28% of the total value of the cryptocurrency market .