Cardano Plunges 30.76% In Selloff

[dalaganicole]

Cardano was trading at $0.08108 by 20:36 (00:36 GMT) on the Investing.com Index on Thursday, down 30.76% on the day. It was the largest one-day percentage loss ever.

The move downwards pushed Cardano's market cap down to $2.18B, or 1.08% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.92B.

Cardano had traded in a range of $0.08108 to $0.08711 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 19.99%. The volume of Cardano traded in the twenty-four hours to time of writing was $102.98M or 0.57% of the total volume of all cryptocurrencies. It has traded in a range of $0.08108 to $0.11005 in the past 7 days.

At its current price, Cardano is still down 93.99% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading
Bitcoin was last at $6,348.7 on the Investing.com Index, down 16.18% on the day.

Ethereum was trading at $213.73 on the Investing.com Index, a loss of 34.17%.

Bitcoin's market cap was last at $112.14B or 55.63% of the total cryptocurrency market cap, while Ethereum's market cap totaled $22.25B or 11.04% of the total cryptocurrency market value.

By: Investing.com