Investing.com - Cardano was trading at $1.5876 by 09:23 (14:23 GMT) on the Investing.com Index on Wednesday, down 10.62% on the day. It was the largest one-day percentage loss since September 7.
The move downwards pushed Cardano's market cap down to $53.5738B, or 2.11% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.
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Cardano had traded in a range of $1.5876 to $1.7520 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 14%. The volume of Cardano traded in the twenty-four hours to time of writing was $2.6972B or 2.12% of the total volume of all cryptocurrencies. It has traded in a range of $1.5876 to $1.9550 in the past 7 days.
At its current price, Cardano is still down 48.77% from its all-time high of $3.10 set on September 2.
Elsewhere in cryptocurrency trading
Bitcoin was last at $55,911.5 on the Investing.com Index, down 1.51% on the day.
Ethereum was trading at $4,181.18 on the Investing.com Index, a loss of 3.13%.
Bitcoin's market cap was last at $1,058.3145B or 41.71% of the total cryptocurrency market cap, while Ethereum's market cap totaled $497.4450B or 19.60% of the total cryptocurrency market value.
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