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Cardano (ADA) Plummets 11% Daily Below $0.2, Charles Hoskinson is Taking a Break


Cardano (ADA) Plummets 11% Daily Below $0.2, Charles Hoskinson is Taking a Break

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Cardano's native token fell about 11% over the past 24 hours, tumbling before the pivotal $0.20 level as broad crypto weakness hit altcoins. The wider market saw close to $2 billion in liquidations and billions removed from total market capitalization, highlighting increased market risk for crypto, DeFi and token investors.

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Cardano’s native cryptocurrency wasn’t spared today as the broader cryptocurrency market sees a wave of red. The altcoin crashed by about 11% in the past 24 hours, tumbling before the pivotal level of $0.20.

This follows a wave of declines throughout the past 24 hours, where the total market saw close to $2 billion worth of liquidated positions and billions removed from the market capitalization.

Read the article at CryptoPotato

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In This News

Coins

$ 0.168

+0.12%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share: