2021-07-16 10:10:07

Cardano Cryptocurrency Went Down By Over 4% In The Last 6 Hours

(VIANEWS) – Cardano (ADA-USD) Cryptocurrency is currently on bearish momentum by 4.20% in the last 6 hours. At 04:57 EST on Friday, 16 July, Cardano (ADA-USD) is at $1.1900.

Volume

Today’s last reported volume for Cardano is 1036140867, 75.08% below its average volume of 4158683847.85.

All-Time High and Low

Cardano’s current value is at $1.19, 50.76% below its all-time high of $2.45 on Sunday, 16 May.

Cardano’s current value is at $1.19, 6154.22% above its all time low of $2.45 on Friday, 13 March.

Market Cap and Supply

Cardano’s current market cap is at 38531470368. 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 527752 Twitter followers and 542853 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

Grayscale Bitcoin fund advances ETF plans with new partnership. According to Bloomberg Quint on Tuesday, 13 July, “The largest Bitcoin fund is ramping up its ETF ambitions through a new agreement with Bank of New York Mellon Corp.”, “Grayscale Investments LLC will use BNY Mellon for exchange-traded fund services upon the hoped-for conversion of its $21.5 billion Grayscale Bitcoin Trust (ticker GBTC), according to a statement on Tuesday. “

Bitcoin miners seek to go nuclear to address environmental woes. According to Bloomberg Quint on Wednesday, 14 July, “From a clean energy technology and development perspective, I actually think Bitcoin is going to be a really powerful ally and partner for that.”, “The announcement comes amid an extended debate over the impact Bitcoin mining may have on the environment. “

Btc/usd forecast: Bitcoin continues to limp along – 13 July 2021. According to DailyForex on Tuesday, 13 July, “The Bitcoin market initially tried to rally during the trading session on Monday, but again has found lackluster momentum to say the least. “, “In fact, I believe you cannot be a buyer of the Bitcoin markets until we break above that level, or at least see some type of momentum to the upside. “

Bitcoin seen as reason for sliding Tesla correlation to big tech. According to Bloomberg Quint on Thursday, 15 July, “Tesla in February disclosed a $1.5 billion investment in Bitcoin after favorable comments about the largest cryptocurrency from Chief Executive Officer Elon Musk. “, “Tesla Inc.’s shares have become less correlated with those of large U.S. technology companies ahead of the electric-vehicle maker’s earnings report and Bitcoin may be the reason why.”

More news about Cardano (ADA-USD).

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