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Cardano Falls 11% In Rout

Investing.com – Cardano was trading at $0.039290 by 07:27 (12:27 GMT) on the Investing.com Index on Saturday, down 10.56% on the day. It was the largest one-day percentage loss since November 24.

The move downwards pushed Cardano’s market cap down to $1.04511B, or 0.81% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.91700B.

Cardano had traded in a range of $0.038160 to $0.041401 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 43.36%. The volume of Cardano traded in the twenty-four hours to time of writing was $62.80614M or 0.33% of the total volume of all cryptocurrencies. It has traded in a range of $0.0281 to $0.0448 in the past 7 days.

At its current price, Cardano is still down 97.09% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $3,846.8 on the Investing.com Index, down 4.86% on the day.

XRP was trading at $0.35178 on the Investing.com Index, a loss of 5.46%.

Bitcoin’s market cap was last at $68.29573B or 53.11% of the total cryptocurrency market cap, while XRP’s market cap totaled $14.51304B or 11.29% of the total cryptocurrency market value.

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