Cardano Falls 10.33% In Bearish Trade

21 August 2018, 12: 09
© Reuters.

Cardano was trading at $0.09303 by 00:11 (23:11 GMT) on the Index on Monday, down 10.33% on the day. It was the largest one-day percentage loss since August 18.

The move downwards pushed Cardano's market cap down to $2.44B, or 1.19% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.92B.

Cardano had traded in a range of $0.09250 to $0.10297 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 6.19%. The volume of Cardano traded in the twenty-four hours to time of writing was $51.73M or 0.46% of the total volume of all cryptocurrencies. It has traded in a range of $0.08434 to $0.11234 in the past 7 days.

At its current price, Cardano is still down 93.11% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,264.4 on the Index, down 3.67% on the day.

Ethereum was trading at $271.47 on the Index, a loss of 10.97%.

Bitcoin's market cap was last at $108.67B or 52.87% of the total cryptocurrency market cap, while Ethereum's market cap totaled $27.84B or 13.55% of the total cryptocurrency market value.