Title: Cardano Falls 11% In Selloff

Nov 26, 2021 07:52AM ET

By: AnalysisWatch

Cardano was trading at $1.5222 at 07:50 (12:50 GMT) on Friday on the Investing.com index, down 11.43%. This was the biggest one-day percentage loss since September 7.

The downward movement pushed Cardano's market cap to $50.8981 billion, or 2.09% of the total cryptocurrency market cap. At its peak, Cardano's market cap was $94.8001B.

In the last twenty-four hours, Cardano has traded in the range of $1.4980 to $1.6844.

Over the last seven days, Cardano has declined in value by 16.74%. Cardano's volume traded during the twenty-four hours ending at the time of this writing was $3.3525B, or 1.98% of all cryptocurrencies' volume. It has traded in a range of $1.4980 to $1.9550 over the last 7 days.

At its current price, Cardano is still 50.88% away from its all-time high of $3.10, reached on September 2nd.

Additionally, in cryptocurrency trading,

On the Investing.com index, bitcoin was last trading at $54,015.0, down 6.88% on the day.

Ethereum was trading at $4,028.73 on the Investing.com index at the time, a loss of 9.45%.

Bitcoin's market cap was last at $1,021.1430B, or 42.01% of the total cryptocurrency market cap, while Ethereum's market cap was $477.2155B, or 19.63% of the total cryptocurrency market value.