Investing.com - Cardano was trading at $1.2117 by 22:29 (03:29 GMT) on the Investing.com Index on Friday, down 10.25% 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 $41.2779B, or 2.22% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.
Cardano had traded in a range of $1.2117 to $1.2802 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a stagnation in value, as it only moved 1.19%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.8004B or 2.65% of the total volume of all cryptocurrencies. It has traded in a range of $1.2113 to $1.6349 in the past 7 days.
At its current price, Cardano is still down 60.90% from its all-time high of $3.10 set on September 2, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $39,042.9 on the Investing.com Index, down 6.90% on the day.
Ethereum was trading at $2,843.15 on the Investing.com Index, a loss of 9.02%.
Bitcoin's market cap was last at $750.5783B or 40.45% of the total cryptocurrency market cap, while Ethereum's market cap totaled $343.3831B or 18.51% of the total cryptocurrency market value.