Cardano was trading at $0.039460 by 16:23 (21:23 GMT) on the Index on Saturday, down 10.07% on the day. It was the largest one-day percentage loss since November 24.
The move downwards pushed Cardano's market cap down to $1.05758B, or 0.78% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.91700B.
Cardano had traded in a range of $0.039460 to $0.045367 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 32.91%. The volume of Cardano traded in the twenty-four hours to time of writing was $17.16505M or 0.14% of the total volume of all cryptocurrencies. It has traded in a range of $0.0395 to $0.0635 in the past 7 days.
At its current price, Cardano is still down 97.08% from its all-time high of $1.35 set on January 4.
Elsewhere in cryptocurrency trading
Bitcoin was last at $4,090.5 on the Index, down 6.73% on the day.
XRP was trading at $0.38525 on the Index, a loss of 5.94%.
Bitcoin's market cap was last at $73.13614B or 54.03% of the total cryptocurrency market cap, while XRP's market cap totaled $15.85765B or 11.71% of the total cryptocurrency market value.
