Investing.com - Cardano was trading at $0.4849 by 02:59 (06:59 GMT) on the Investing.com Index on Thursday, down 10.14% on the day. It was the largest one-day percentage loss since June 16.
The move downwards pushed Cardano's market cap down to $16.4246B, or 1.61% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.
Cardano had traded in a range of $0.4769 to $0.4979 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 13.49%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.4453B or 1.50% of the total volume of all cryptocurrencies. It has traded in a range of $0.4317 to $0.5481 in the past 7 days.
At its current price, Cardano is still down 84.35% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $22,795.5 on the Investing.com Index, down 4.16% on the day.
Ethereum was trading at $1,475.17 on the Investing.com Index, a loss of 6.05%.
Bitcoin's market cap was last at $436.5807B or 42.73% of the total cryptocurrency market cap, while Ethereum's market cap totaled $180.5458B or 17.67% of the total cryptocurrency market value.