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.
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Source: Cryptocurrency - investing.com
