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Cardano Tumbles 20% In Bearish Trade

Investing.com – Cardano was trading at $0.039874 by 00:51 (05:51 GMT) on the Investing.com Index on Tuesday, down 20.10% on the day. It was the largest one-day percentage loss since January 16.

The move downwards pushed Cardano’s market cap down to $1.05312B, or 0.82% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.91700B.

Cardano had traded in a range of $0.038931 to $0.045184 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 23.18%. The volume of Cardano traded in the twenty-four hours to time of writing was $57.59363M or 0.24% of the total volume of all cryptocurrencies. It has traded in a range of $0.0333 to $0.0489 in the past 7 days.

At its current price, Cardano is still down 97.05% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $3,779.0 on the Investing.com Index, down 10.97% on the day.

XRP was trading at $0.37096 on the Investing.com Index, a loss of 14.72%.

Bitcoin’s market cap was last at $66.98466B or 51.99% of the total cryptocurrency market cap, while XRP’s market cap totaled $15.31870B or 11.89% of the total cryptocurrency market value.

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