Cardano was trading at $0.07757 by 21:27 (01:27 GMT) on the Investing.com Index on Thursday, down 10% on the day. It was the largest one-day percentage loss since September 5.
Major cryptocurrencies plummeted on Thursday morning in Asia, impacted by a bearish market and a new report that found cryptocurrency thefts in the first three quarters of this year hit $927 million.
Ethereum fell bellow the $198.76 level on Thursday. Ethereum was trading at 198.76 by 02:20 (06:20 GMT) on the Investing.com Index, down 15% on the day. It was the largest one-day percentage loss since September 5.
The dollar slid lower against a currency basket on Thursday as a global sell-off in equities and bonds gathered momentum, spurred by worries over the impact of rising interest rates.
Cryptocurrencies were lower on Wednesday as the global Financial Stability Board said they should be monitored.