Cardano fell bellow the $0.049974 level on Wednesday. Cardano was trading at 0.049974 by 09:31 (14:31 GMT) on the Index, down 16.19% on the day. It was the largest one-day percentage loss since September 24, 2019.
The move downwards pushed Cardano's market cap down to $1.30639B, or 0.50% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.91700B.
Cardano had traded in a range of $0.049972 to $0.056648 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 19.16%. The volume of Cardano traded in the twenty-four hours to time of writing was $177.16907M or 0.10% of the total volume of all cryptocurrencies. It has traded in a range of $0.0500 to $0.0620 in the past 7 days.
At its current price, Cardano is still down 96.30% from its all-time high of $1.35 set on January 4, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $9,017.4 on the Index, down 6.15% on the day.
Ethereum was trading at $230.64 on the Index, a loss of 12.39%.
Bitcoin's market cap was last at $165.52864B or 62.98% of the total cryptocurrency market cap, while Ethereum's market cap totaled $25.65110B or 9.76% of the total cryptocurrency market value.
