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Cardano Falls 10.37% In Bearish Trade

August 23, 2018 05:04:29

© Reuters.

Cardano was trading at $0.09025 by 22:43 (02:43 GMT) on the Index on Thursday, down 10.37% on the day. It was the largest one-day percentage loss since August 18.

The move downwards pushed Cardano's market cap down to $2.37B, or 1.14% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.92B.

Cardano had traded in a range of $0.08938 to $0.09137 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 4.22%. The volume of Cardano traded in the twenty-four hours to time of writing was $51.96M or 0.44% of the total volume of all cryptocurrencies. It has traded in a range of $0.08700 to $0.11234 in the past 7 days.

At its current price, Cardano is still down 93.31% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,409.1 on the Index, down 6.11% on the day.

Ethereum was trading at $274.01 on the Index, a loss of 7.74%.

Bitcoin's market cap was last at $111.16B or 53.27% of the total cryptocurrency market cap, while Ethereum's market cap totaled $28.01B or 13.42% of the total cryptocurrency market value.

Category: News

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