Cardano Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cardano's (CRYPTO: ADA) price has decreased 3.77% over the past 24 hours to $0.28, despite a 7.0% uptrend over the past week. Trading volume has increased 24.0% while the circulating supply has decreased 0.11%. ADA's market cap ranking is #8 at $9.87 billion.

June 26, 2023 | 7:00 pm
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Cardano's price has decreased 3.77% in 24 hours, despite a 7.0% uptrend over the past week. Trading volume has increased 24.0% and its market cap ranking is #8 at $9.87 billion.
The 3.77% decrease in Cardano's price in the past 24 hours, despite its 7.0% uptrend over the past week, indicates a short-term negative impact on its price. The increased trading volume and decreased circulating supply may contribute to price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100