2021-07-17 00:56:34

Cardano Cryptocurrency Over 4% Down In The Last 6 Hours

(VIANEWS) – Cardano (ADA-USD) Cryptocurrency is currently on bearish momentum by 4.27% in the last 6 hours. At 19:55 EST on Friday, 16 July, Cardano (ADA-USD) is at $1.1700.

Volume

Today’s last reported volume for Cardano is 1143827311, 72.42% below its average volume of 4146950172.

All-Time High and Low

Cardano’s current value is at $1.17, 52.01% below its all-time high of $2.45 on Sunday, 16 May.

Cardano’s current value is at $1.17, 5995.89% above its all time low of $2.45 on Friday, 13 March.

Market Cap and Supply

Cardano’s current market cap is at 37559740154. The total supply is 45,000,000,000.00, maximum supply is 45,000,000,000.00, and the circulating supply is 32,066,390,668.41.

Social Status

Currently, Cardano (ADA-USD) has 528170 Twitter followers and 543192 Reddit subscribers.

As of now, on Github, there are 607 forks, 3635 stars, and 444 subscribers.

Volatility

Cardano’s last week, last month’s, and last quarter’s current volatility was a negative 1.58%, a negative 0.48%, and a positive 5.28%, respectively.

Cardano’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.00% (last week), 3.76% (last month), and 5.28% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Cardano’s crypto is considered to be overbought (>=80).

Other News About Cardano (ADA-USD)

Ada/usd: slump in cardano could create test of mid-term lows – 13 July 2021. According to DailyForex on Tuesday, 13 July, “Like many other cryptocurrencies, Cardano has seen its value nearly halved in many respects since accomplishing those lofty heights. “

News about Bitcoin

Btc/usd forecast: Bitcoin reaching for $30,000 level – 14 July 2021. According to DailyForex on Wednesday, 14 July, “That is fine, as there is a longer-term story when it comes to Bitcoin as well, but you will more than likely have to deal with a significant pullback in this market in the near term. “, “The Bitcoin market is one that continues to see a real lack of momentum to the upside, especially as we have seen a lot of volume disappear from the marketplace. “

Bitcoin slides while chatter about central bank rivals increases. According to Bloomberg Quint on Thursday, 15 July, “Meanwhile, hardcore enthusiasts who have been arguing that Bitcoin and some other cryptocurrencies are a hedge against rising consumer prices and excessive money printing from global central banks are seeing that argument put to the test amid hotter-than-expected inflation prints in the U.S.”, “That challenges Bitcoin in a way, it challenges the dominance of Bitcoin but it actually adds credibility to the whole idea of digital currencies.”

Bitcoin found a happy match in the traditional 60/40 portfolio. According to Bloomberg Quint on Thursday, 15 July, “Earlier this year, analysis by JPMorgan Chase & Co. suggested that exposure to Bitcoin could achieve an efficiency gain in risk-adjusted portfolio returns.”

More news about Cardano (ADA-USD).

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