Cardano was trading at $0.043931 by 18:58 (23:58 GMT) on the Index on Thursday, down 10.16% on the day. It was the largest one-day percentage loss since November 20.
The move downwards pushed Cardano's market cap down to $1.15107B, or 0.81% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.91700B.
Cardano had traded in a range of $0.043931 to $0.049123 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 29.42%. The volume of Cardano traded in the twenty-four hours to time of writing was $18.48002M or 0.14% of the total volume of all cryptocurrencies. It has traded in a range of $0.0428 to $0.0649 in the past 7 days.
At its current price, Cardano is still down 96.75% from its all-time high of $1.35 set on January 4.
Elsewhere in cryptocurrency trading
Bitcoin was last at $4,350.5 on the Index, down 6.44% on the day.
XRP was trading at $0.42602 on the Index, a loss of 5.91%.
Bitcoin's market cap was last at $75.91413B or 53.32% of the total cryptocurrency market cap, while XRP's market cap totaled $17.23675B or 12.11% of the total cryptocurrency market value.
