Title: Cardano Falls 10% In Rout
Jul 21, 2022 03:00AM ET
As of 2:59 p.m. on Thursday, Cardano was trading for $0.4849 on the Investing.com index, down 10.14% for the day. It was the biggest one-day percentage loss since June 16.
The downward move caused Cardano's market capitalization to drop to $16.4246 billion, or 1.61 percent of the total cryptocurrency market cap.
At its peak, Cardano's market capitalization was $94.801 billion.
In the previous twenty-four hours, Cardano traded in the range of $0.4769 to $0.4979.
In the last seven days, Cardano has risen in value, appreciating 13.49%.
In the twenty-four hours prior to this writing, Cardano traded for $1.4453 billion, representing 1.50% of all cryptocurrency volume.
Over the last seven days, Cardano has traded in the range of $0.4317 to $0.5481.
At its current price, Cardano is still down 84.35% from its all-time high of $3.10, set on September 2, 2021.
Elsewhere in cryptocurrency trading,
Bitcoin was last seen on the Investing.com index at $22,795.5, down 4.16% on the day.
ETH was trading at $1,475.17 on the Investing.com index, representing a loss of 6.05%.
Bitcoin's market capitalization last stood at $436.5807 billion, or 42.73% of the total cryptocurrency market value, while Ethereum's market capitalization stood at $180.5458 billion, or 17.67% of the total cryptocurrency market value.