Cardano was trading at $0.4350 by 07:51 (11:51 GMT) on the Investing.com Index on Saturday, down 10.08% on the day. It was the largest one-day percentage loss since April 13.
The move downwards pushed Cardano's market cap down to $15.6162B, or 0.61% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.
Cardano had traded in a range of $0.4350 to $0.4493 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 2.46%. The volume of Cardano traded in the twenty-four hours to time of writing was $776.2751M or 0.77% of the total volume of all cryptocurrencies. It has traded in a range of $0.4305 to $0.4899 in the past 7 days.
At its current price, Cardano is still down 85.96% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading Bitcoin was last at $69,355.5 on the Investing.com Index, down 3.24% on the day.
Ethereum was trading at $3,681.54 on the Investing.com Index, a loss of 3.95%.
Bitcoin's market cap was last at $1,368.1534B or 53.75% of the total cryptocurrency market cap, while Ethereum's market cap totaled $442.9123B or 17.40% of the total cryptocurrency market value.
