Cardano was trading at $0.056870 by 19:01 (00:01 GMT) on the Index on Thursday, down 10.31% on the day. It was the largest one-day percentage loss since September 24, 2019.
The move downwards pushed Cardano's market cap down to $1.48900B, or 0.52% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.91700B.
Cardano had traded in a range of $0.056870 to $0.057426 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 17.49%. The volume of Cardano traded in the twenty-four hours to time of writing was $165.77666M or 0.10% of the total volume of all cryptocurrencies. It has traded in a range of $0.0558 to $0.0713 in the past 7 days.
At its current price, Cardano is still down 95.79% from its all-time high of $1.35 set on January 4, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $9,603.9 on the Index, down 5.77% on the day.
Ethereum was trading at $257.71 on the Index, a loss of 9.53%.
Bitcoin's market cap was last at $175.51190B or 61.44% of the total cryptocurrency market cap, while Ethereum's market cap totaled $28.52070B or 9.98% of the total cryptocurrency market value.
