PakGazette – Cardano was trading at $0.9879 at 01:18 (06:18 GMT) on the PakGazette Index on Wednesday, down 10.12% on the day. It was the largest one-day percentage loss since December 9, 2024.
The downward move pushed Cardano’s market capitalization to $34.7952 billion, or 1.83% of the total cryptocurrency market capitalization. At its highest point, Cardano’s market capitalization was $94.8001 million.
Cardano had traded in a range of $0.9853 to $1.0233 in the previous twenty-four hours.
In the last seven days, Cardano has seen an increase in value as it gained 15.83%. The volume of Cardano traded in the twenty-four hours up to the time of writing was $2.4515 billion or 1.03% of the total volume of all cryptocurrencies. It has traded in a range of $0.9211 to $1.1509 in the last 7 days.
At its current price, Cardano is still 68.12% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $96,317.1 on the PakGazette index, down 5.40% on the day.
Ethereum was trading at $3,342.84 on the PakGazette index, a loss of 8.98%.
Bitcoin’s market capitalization last stood at $1,911.2494 billion or 100.33% of the total cryptocurrency market capitalization, while Ethereum’s market capitalization rose to $403.7031 billion dollars or 21.19% of the total value of the cryptocurrency market.