Investing.com - Cardano was trading at $1.5222 by 07:50 (12:50 GMT) on the Investing.com Index on Friday, down 11.43% on the day. It was the largest one-day percentage loss since September 7.

The move downwards pushed Cardano's market cap down to $50.8981B, or 2.09% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $1.4980 to $1.6844 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 16.74%. The volume of Cardano traded in the twenty-four hours to time of writing was $3.3525B or 1.98% of the total volume of all cryptocurrencies. It has traded in a range of $1.4980 to $1.9550 in the past 7 days.

At its current price, Cardano is still down 50.88% from its all-time high of $3.10 set on September 2.

Elsewhere in cryptocurrency trading

Bitcoin was last at $54,015.0 on the Investing.com Index, down 6.88% on the day.

Ethereum was trading at $4,028.73 on the Investing.com Index, a loss of 9.45%.

Bitcoin's market cap was last at $1,021.1430B or 42.01% of the total cryptocurrency market cap, while Ethereum's market cap totaled $477.2155B or 19.63% of the total cryptocurrency market value.