© Reuters. Cardano Posts 10% Decline Amid Seller Dominance
Investing.com – Cardano was trading at $0.6506 at 07:48 (06:48 GMT) on the Investing.com Index this Sunday, down 10.19% on the day. This is the largest drop since December 16, 2022.
This bearish movement caused the capitalization of Cardano to fall to $23.5301B, or 0.95% 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 $0.6494 to $0.6737 over the last 24 hours.
Over the last 7 days, Cardano has posted a fall of -9.86%. The volume of Cardano traded over the last 24 hours reached $991.2856M or 0.69% of the total trading of all cryptocurrencies. It has been moving in a range extending from $0.6494 to $0.8097 over the last 7 days.
At its current price, Cardano is trading 79.01% below its all-time high of September 2, 2021 at $3.10.
As for other cryptocurrencies
Bitcoin is trading at $65,486.9 on Investing.com Index, down 5.28% for the day.
Ethereum was trading at $3,486.67 on the Investing.com Index, a drop of 6.47%.
The total capitalization of Bitcoin reached $1,290.7198B or 51.96% of the total capitalization of cryptocurrencies, while the capitalization of Ethereum reached $420.5588B or 16.93% of the total value of the cryptocurrency market .