Cardano Tumbles 20% In Selloff By Investing.com

Cardano Tumbles 20% In Selloff

Cryptocurrency May 16, 2019 10:38PM ET

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Investing.com - Cardano was trading at $0.082870 by 22:37 (02:37 GMT) on the Investing.com Index on Friday, down 20.37% on the day. It was the largest one-day percentage loss since January 16, 2018.

The move downwards pushed Cardano's market cap down to $2.18741B, or 0.90% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.91700B.

Cardano had traded in a range of $0.082870 to $0.090449 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 36.47%. The volume of Cardano traded in the twenty-four hours to time of writing was $242.84672M or 0.22% of the total volume of all cryptocurrencies. It has traded in a range of $0.0630 to $0.1006 in the past 7 days.

At its current price, Cardano is still down 93.86% from its all-time high of $1.35 set on January 4, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $7,725.9 on the Investing.com Index, down 7.27% on the day.

Ethereum was trading at $250.85 on the Investing.com Index, a loss of 8.36%.

Bitcoin's market cap was last at $138.03686B or 56.70% of the total cryptocurrency market cap, while Ethereum's market cap totaled $26.86194B or 11.03% of the total cryptocurrency market value.

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