Cardano declines 10% lower
Investing.com – Digital currency Cardano was trading at $0.4660 at 04:27 (03:27 GMT) on the Investing.com Index on Monday, down 10.24% on a daily basis. This is the largest percentage loss since December 16, 2022.
The collapse reduces Cardano’s market capitalization to $16.7466B, corresponding to 1.04% of the total of all cryptocurrencies. At its peak, Cardano’s market capitalization was as high as $94.8001B.
Cardano was trading in a range between $0.4660 and $0.4996 during the previous 24 hours.
Over the past seven days, Cardano remained declining in value, with a slight loss of 20.81%. Cardano’s 24-hour trading volume was at the time of writing $494.3902M, corresponding to 0.94% of the volume of all cryptocurrencies. Trading has been within a range of $0.4660 to $0.6368 over the past seven days.
At the current price, Cardano’s value is still 84.96% lower from its all-time high of $3.10 touched on September 2, 2021.
Elsewhere in the cryptocurrency market
Bitcoin traded at $43,266.0 on the Investing.com Index, down 1.42% on a daily basis.
Ethereum listed at $2,167.42 on the Investing.com Index, a loss of 3.14%.
The market capitalization of the digital currency Bitcoin was $849.9365B, corresponding to 52.90% of the total cryptocurrencies, while the total market capitalization of the Ethereum cryptocurrency touched $261.8862B, corresponding to 16.30% of the value of all digital currencies .