Cardano was trading at $0.056667 by 00:50 (05:50 GMT) on the Index on Monday, down 10.76% on the day. It was the largest one-day percentage loss since November 14.
The move downwards pushed Cardano's market cap down to $1.51014B, or 0.84% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $23.91700B.
Cardano had traded in a range of $0.056663 to $0.062403 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 23.46%. The volume of Cardano traded in the twenty-four hours to time of writing was $19.96109M or 0.14% of the total volume of all cryptocurrencies. It has traded in a range of $0.0567 to $0.0771 in the past 7 days.
At its current price, Cardano is still down 95.80% from its all-time high of $1.35 set on January 4.
Elsewhere in cryptocurrency trading
Bitcoin was last at $5,424.0 on the Index, down 4.77% on the day.
XRP was trading at $0.47563 on the Index, a loss of 10.55%.
Bitcoin's market cap was last at $95.88070B or 53.16% of the total cryptocurrency market cap, while XRP's market cap totaled $19.54120B or 10.84% of the total cryptocurrency market value.
