© Reuters. Cardano posts 10% pullback in bear market
Investing.com – Cardano was trading at $0.3288 as of 15:43 (14:43 GMT) on the Investing.com Index on Wednesday, down 10.03% on the day. This is the biggest drop since December 16, 2022.
This bearish move caused Cardano’s capitalization to drop to $11.5668B, or 1.07% of the total cryptocurrency market capitalization. At its all-time high, Cardano’s capitalization reached $94.8001B.
Cardano traded in a range extending from $0.3288 to $0.3464 over the past 24 hours.
Over the last 7 days, Cardano has posted an increase of +4.4%. Cardano’s volume traded over the past 24 hours reached $607.7853M or 0.67% of total trade across all cryptocurrencies. It has moved in a range extending from $0.2979 to $0.3674 over the last 7 days.
At its current price, Cardano is trading 89.39% below its all-time high of September 2, 2021 at $3.10.
On the side of other crypto-currencies
Bitcoin is trading at $24,498.2 on the Investing.com Index, down 4.68% on the day.
Ethereum was trading at $1,641.06 on the Investing.com Index, down 6.71%.
Bitcoin’s total capitalization reached $477.5188B or 44.18% of the total cryptocurrency market capitalization, while Ethereum’s capitalization reached $203.2997B or 18.81% of the total cryptocurrency market value .