On Monday, Cardano’s price fell to $0.3271, reflecting a 10.27% decrease from the previous day. This marks the largest single-day percentage loss for Cardano since July 4.

The decline has pushed Cardano’s market cap down to $12.24 billion, now making up just 0.61% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8 billion. Over the past 24 hours, Cardano’s trading range was between $0.3269 and $0.3458.

Cardano Declines 17% Over the Week, Bitcoin and Ethereum Prices Fall

In the past week, Cardano’s value has dropped by 17.55%. The trading volume for Cardano in the last 24 hours was $330.62 million, making up 0.41% of the total cryptocurrency trading volume. Its price has ranged between $0.3269 and $0.4077 over the past seven days. Currently, Cardano is down 89.44% from its all-time high of $3.10, reached on September 2, 2021.

Bitcoin is trading at $55,864.40, reflecting an 8.03% drop for the day. Ethereum is priced at $2,515.79, down 13.68% on the day. Bitcoin’s market cap stands at $1.12 trillion, which is 55.39% of the total cryptocurrency market cap. Ethereum’s market cap is $315.77 billion, representing 15.64% of the total market value.

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⚠️Disclaimer

This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.

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