Cardano Falls 10.06% in Saturday Selloff, Its Biggest Daily Loss Since June 5

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Cardano Falls 10.06% in Saturday Selloff, Its Biggest Daily Loss Since June 5

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Bitcoin Ethereum Cardano

Cardano dropped 10.06% on Saturday, its largest one-day percentage loss since June 5. The token remains down 95.01% from its all-time high, while Bitcoin and Ethereum also fell.

Cardano was trading at $0.1545 by 13:19 (18:19 GMT) on the Investing.com Index on Saturday, down 10.06% on the day. The drop was the largest one-day percentage loss since June 5.

The move pushed Cardano's market cap down to $5.7321B, or 0.26% of the total cryptocurrency market cap. At its highest, the market cap was $94.8001B.

Cardano had traded in a range of $0.1541 to $0.1689 in the previous 24 hours.

Over the past seven days, Cardano lost 14.36%, trading in a range of $0.1541 to $0.1832. Trading volume in the 24 hours to the time of writing was $321.2151M, or 0.40% of the total volume of all cryptocurrencies.

At its current price, Cardano is still down 95.01% from its all-time high of $3.10, set on September 2, 2021.

Other major tokens also fell. Bitcoin was last at $65,762.6, down 4.65% on the day, while Ethereum traded at $1,832.81, a loss of 5.75%.

Source: Investing.com

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