Cardano Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cardano's (CRYPTO: ADA) price has decreased by 3.22% over the past 24 hours to $0.25, continuing its downward trend over the past week of -1.0%. The trading volume for the coin has increased by 22.0% over the past week, while the overall circulating supply of the coin has decreased by 0.13%. The current market cap ranking for ADA is #8 at $8.68 billion.
September 21, 2023 | 7:00 pm
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NEGATIVE IMPACT
Cardano's price has decreased by 3.22% over the past 24 hours, continuing its downward trend. The trading volume has increased by 22.0% over the past week.
The decrease in Cardano's price, along with the increase in trading volume, indicates a bearish trend. The decrease in circulating supply could further pressure the price downwards.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100