in

Technical Indicators Remain Bearish as ADA Massacre Continues

The crypto market tracking website, CoinMarketCap, shows that the price of the Ethereum-killer, Cardano (ADA), has dropped 1.73% over the last 24 hours. At press time, the price of ADA is trading at $0.2409. The altcoin’s price is also down 7.15% over the last 7 days.

Not only has the altcoin weakened against the US Dollar, it has also weakened against the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), by 1.21% and 1.28% respectively. Currently, 1 ADA is worth 0.00001462 BTC and 0.0002025 ETH.

The daily trading volume for ADA has also dropped by 6.27% as we head into the weekend. At press time, the total trade volume for the altcoin is at $189,327,086.

The post Technical Indicators Remain Bearish as ADA Massacre Continues appeared first on Coin Edition.

See original on CoinEdition

Bears Struggle to Retain MKR Reign as Bulls Try to Reverse Trend

Sam Bankman-Fried Had Four Meetings with President Joe Biden Aides Before the FTX Collapse