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Cardano Plunges 30.98% In Selloff

August 14, 2018 03:23:10

© Reuters.

Cardano was trading at $0.08538 by 22:05 (02:05 GMT) on the Index on Tuesday, down 30.98% on the day. It was the largest one-day percentage loss ever.

The move downwards pushed Cardano's market cap down to $2.33B, or 1.21% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.92B.

Cardano had traded in a range of $0.08536 to $0.10117 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 30.66%. The volume of Cardano traded in the twenty-four hours to time of writing was $75.98M or 0.59% of the total volume of all cryptocurrencies. It has traded in a range of $0.08536 to $0.12618 in the past 7 days.

At its current price, Cardano is still down 93.68% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $5,946.9 on the Index, down 6.38% on the day.

Ethereum was trading at $252.55 on the Index, a loss of 26.29%.

Bitcoin's market cap was last at $105.12B or 54.69% of the total cryptocurrency market cap, while Ethereum's market cap totaled $26.44B or 13.76% of the total cryptocurrency market value.

Category: News

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