Investing.com - Cardano was trading at $0.5688 by 12:00 (16:00 GMT) on the Investing.com Index on Wednesday, down 10.20% on the day. It was the largest one-day percentage loss since May 18.

The move downwards pushed Cardano's market cap down to $19.5612B, or 1.54% of the total cryptocurrency market cap. At its highest, Cardano's market cap was $94.8001B.

Cardano had traded in a range of $0.5688 to $0.6310 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a rise in value, as it gained 13.4%. The volume of Cardano traded in the twenty-four hours to time of writing was $1.5574B or 1.77% of the total volume of all cryptocurrencies. It has traded in a range of $0.4456 to $0.6857 in the past 7 days.

At its current price, Cardano is still down 81.65% from its all-time high of $3.10 set on September 2, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $30,743.1 on the Investing.com Index, down 4.15% on the day.

Ethereum was trading at $1,880.13 on the Investing.com Index, a loss of 5.40%.

Bitcoin's market cap was last at $587.7652B or 46.14% of the total cryptocurrency market cap, while Ethereum's market cap totaled $228.6503B or 17.95% of the total cryptocurrency market value.