Investing.com - Cardano was trading at $1.584969 by 00:57 (23:57 GMT) on the Investing.com Index on Wednesday, down 10.12% on the day. It was the largest one-day percentage loss since May 12.
The move downwards pushed Cardano's market cap down to $51.429154B, or 2.24% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $57.005852B.
Cardano had traded in a range of $1.584969 to $1.819243 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a rise in value, as it gained 8.68%. The volume of Cardano traded in the twenty-four hours to time of writing was $5.344269B or 2.09% of the total volume of all cryptocurrencies. It has traded in a range of $1.4292 to $1.8292 in the past 7 days.
At its current price, Cardano is still down 13.35% from its all-time high of $1.83 set on May 9.
Elsewhere in cryptocurrency trading
Bitcoin was last at $50,126.8 on the Investing.com Index, down 11.61% on the day.
Ethereum was trading at $3,863.64 on the Investing.com Index, a loss of 7.44%.
Bitcoin's market cap was last at $949.131134B or 41.32% of the total cryptocurrency market cap, while Ethereum's market cap totaled $457.135740B or 19.90% of the total cryptocurrency market value.