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Cardano Price Drops 10% Amid Market Selling Pressure – Latest Update

Cardano moves down 10% amid market selling pressure.

Investing.com – Cardano was last traded at $0.4660 at 10:27 (03:27 GMT) on Monday, according to the Investing.com Index, down 10.24% on the day. And it is considered a significant decrease within 1 day since December 16, 2022.

This selling pressure causes the price to move down. This also resulted in Cardano’s total trading value dropping to $16.7466B, or 1.04% of the total cryptocurrency market capitalization. Cardano’s total value previously hit a high of $94.8001B.

Over the past 24 hours, Cardano traded between $0.4660 and $0.4996, with a trading volume of $494.3902M or 0.94% of the total cryptocurrency traded.

Over the past 7 days, Cardano’s value is down 20.81% and ranges from $0.4660 to $0.6368.

Cardano’s current price is still down 84.96% from its high of $3.10 on September 2, 2021.

Trading status of other cryptocurrencies

Bitcoin was last priced at $43,251.0, according to the Investing.com Index, down 1.42% on the day.

Ethereum last traded at $2,167.50, according to the Investing.com Index, down 3.14%.

Bitcoin’s total trading value recently stood at $849.9365B, accounting for 52.90% of the total cryptocurrency market cap, while Ethereum’s trading cap was $261.8862B, accounting for 16.30% of the market capitalization.

2024-01-08 15:10:29
#Cardano #Drops #Market #Selling #Investing.com

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