© Reuters. Cardano shows 17% decline in negative trend
Investing.com – Cardano was trading at $0.5187 at 1:14 p.m. (12:14 GMT) on the Investing.com Index on Wednesday, down 17.04% on the day. This is the largest drop since May 11, 2022.
This bearish movement caused the capitalization of Cardano to fall to $21.1343B, or 1.25% 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 $0.5013 to $0.6185 over the last 24 hours.
Over the last 7 days, Cardano has posted a fall of -2.32%. The volume of Cardano traded over the last 24 hours reached $558.4998M, or 0.76% of the total trading of all cryptocurrencies. It has been moving in a range extending from $0.5013 to $0.6760 over the last 7 days.
At its current price, Cardano is trading 83.26% below its all-time high of September 2, 2021 at $3.10.
As for other cryptocurrencies
Bitcoin is trading at $41,797.0 on Investing.com Index, down 6.59% for the day.
Ethereum was trading at $2,164.21 on the Investing.com Index, a drop of 7.56%.
The total capitalization of Bitcoin reached $857.4156B or 50.80% of the total capitalization of cryptocurrencies, while the capitalization of Ethereum reached $277.6119B or 16.45% of the total value of the cryptocurrency market .