Cardano Falls More Than 10% In 24 hours
Portfolio Pulse from Benzinga Insights
Cardano (ADA) has experienced a significant price drop of 10.63% in the past 24 hours, continuing a week-long decline of 13.0%. The trading volume has decreased by 1.0%, while the circulating supply has increased by 0.9%. Cardano's market cap is currently ranked #11 at $13.18 billion.
June 18, 2024 | 7:01 pm
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Cardano (ADA) has seen a sharp decline of 10.63% in the past 24 hours, continuing a week-long downward trend. The trading volume has decreased slightly, while the circulating supply has increased. The market cap is now $13.18 billion, ranking it #11.
The significant price drop of 10.63% in 24 hours, along with a week-long decline of 13.0%, indicates a bearish trend for Cardano. The slight decrease in trading volume and increase in circulating supply further support the negative sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100