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Title: Cardano Falls 10% In Rout


May 11, 2022 02:49AM ET


By: AnalysisWatch


Cardano was trading at $0.6132 at 2:48 a.m. Wednesday, down 10.04% for the day. It was the biggest percentage drop in a single day since May 9.


The move lowered Cardano's market capitalization to $21.2235 billion, representing 1.51% of the total cryptocurrency market capitalization. At its peak, Cardano's market capitalization was $94.801 billion.


Over the past twenty-four hours, Cardano has traded between $0.6112 and $0.6410.


Over the past seven days, Cardano's value has declined 19.38%. Within the last twenty-four hours, Cardano has traded at $1.8865B, which is 1.27% of all cryptocurrency exchanges. Over the past seven days, Cardano has traded between $0.5859 and $0.9049.


At its current price, Cardano is still at 80.21% of its historical peak of $3.10, set on September 2, 2021.


Elsewhere in cryptocurrency trading,


Bitcoin recently traded at $30,884.5, down 3.86% for the day.


Ethereum traded at $2,333.59, down 2.73%.


Bitcoin's market capitalization last time was $596.7449 billion, representing 42.34% of the total cryptocurrency market capitalization, while Ethereum's market capitalization was $285.3776 billion, representing 20.25% of the total cryptocurrency market value.

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