Cardano Falls 11% In Bearish Trade

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Cardano was trading at $2.5936 at 04:27 (08:27 GMT) on Tuesday down 10.50 percent on the day. It was the biggest percentage drop in a single day since June 21st. Cardano’s market capitalization fell to $86.0414 billion, or 3.68 percent of the overall cryptocurrency market capitalization, as a result of the decline. Cardano had a market capitalization of $94.8001 billion dollars at its peak.

In the past twenty-four hours, Cardano has fluctuated between $2.5936 and $2.8747. In the preceding twenty-four hours, Cardano had traded in a range of $2.5936 to $2.8747.

Cardano has dropped 4.62 percent of its value in the last seven days. Cardano traded for $5.6283 billion in the twenty-four hours leading up to this writing, accounting for 3.79 percent of the total volume of all cryptocurrencies. In the last seven days, it has traded in a range of $2.5929 to $3. 0989.Cardano is still down 16.31% from its all-time high of $3.10 recorded on September 2 at its current pricing.

Bitcoin was last seen trading at $51,822.0, down 0.28 percent on the day. Ethereum was trading at $3,839.20, down 3.03 percent. Bitcoin’s market cap was last at $981.1725B, accounting for 41.96 percent of the overall cryptocurrency market cap, while Ethereum’s market cap was $453.7491B, accounting for 19.40 percent.