PakGazette – Cardano was trading at $0.8849 at 00:56 (05:56 GMT) on the PakGazette Index on Friday, down 10.10% on the day. It was the largest one-day percentage loss since December 9.
The downward move pushed Cardano’s market capitalization to $31.4762 billion, or 0.94% 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 $0.8691 to $0.9177 in the previous twenty-four hours.
In the last seven days, Cardano has seen a drop in value as it lost 18.53%. The volume of Cardano traded in the twenty-four hours up to the time of writing was $2.0913 billion or 0.79% of the total volume of all cryptocurrencies. It has traded in a range of $0.8502 to $1.1324 in the last 7 days.
At its current price, Cardano is still 71.45% below its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $96,671.3 on the PakGazette index, down 4.58% on the day.
Ethereum was trading at $3,353.03 on the PakGazette index, a loss of 8.70%.
Bitcoin’s market capitalization last stood at $1,921.1967 billion or 57.51% of the total cryptocurrency market capitalization, while Ethereum’s market capitalization rose to $407.2950 billion. dollars or 12.19% of the total value of the cryptocurrency market.