Cardano’s 189% Surge Hits Speed Bump as Crypto Markets Cool — What’s Next For ADA Price? ⋆ ZyCrypto
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Cardano (ADA) recently took the most hits of the top ten crypto assets by market capitalization. At press time, the asset is down 3% in the last 24 hours, trading at $1.09. This represents the state of the wider crypto market, with assets slowly declining from last week’s highs.
The total crypto market cap stands at $3.4 trillion, declining 1%, while daily trading volumes are at $180 billion. Crypto prices tanked for several reasons, including activities in the derivatives market, meme coin swings, and high-profit taking. Data from Coinglass shows total market liquidations crossing $489 million in six hours.
Cardano’s Drive Loses Steam
Last week, Cardano gained…
