Investing.com
Published Dec 18, 2024 09:09PM ET
Cardano Falls 10% In Selloff
Investing.com - Cardano was trading at $0.9323 by 21:09 (02:09 GMT) on the Investing.com Index on Thursday, down 10.42% on the day. It was the largest one-day percentage loss since December 9.
The move downwards pushed Cardano's market cap down to $33.5487B, or 0.97% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.
Cardano had traded in a range of $0.9323 to $0.9802 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 11.48%. The volume of Cardano traded in the twenty-four hours to time of writing was $2.0083B or 0.80% of the total volume of all cryptocurrencies. It has traded in a range of $0.9323 to $1.1324 in the past 7 days.
At its current price, Cardano is still down 69.92% from its all-time high of $3.10 set on September 2, 2021.
Bitcoin was last at $99,636.6 on the Investing.com Index, down 5.44% on the day.
Ethereum was trading at $3,585.61 on the Investing.com Index, a loss of 6.81%.
Bitcoin's market cap was last at $1,975.2982B or 57.11% of the total cryptocurrency market cap, while Ethereum's market cap totaled $433.1814B or 12.52% of the total cryptocurrency market value.
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.