Investing.com - Cardano was trading at $1.4023 by 00:48 (05:48 GMT) on the Investing.com Index on Wednesday, down 10.10% on the day. It was the largest one-day percentage loss since October 27, 2021.
The move downwards pushed Cardano's market cap down to $47.8603B, or 2.42% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.
Cardano had traded in a range of $1.4023 to $1.5323 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 17.58%. The volume of Cardano traded in the twenty-four hours to time of writing was $3.9184B or 4.99% of the total volume of all cryptocurrencies. It has traded in a range of $1.2226 to $1.6349 in the past 7 days.
At its current price, Cardano is still down 54.75% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $41,681.9 on the Investing.com Index, down 1.04% on the day.
Ethereum was trading at $3,103.15 on the Investing.com Index, a loss of 2.29%.
Bitcoin's market cap was last at $790.5891B or 40.04% of the total cryptocurrency market cap, while Ethereum's market cap totaled $370.6664B or 18.77% of the total cryptocurrency market value.