As Bitcoin pumped, it took most alts with it. However, when BTC falls, it also takes other cryptocurrencies with it, as it can be seen in the vermilion market, at press time. Cardano [ADA], XRP, and EOS were seen tumbling down within an hour, as Cardano emerged as the biggest loser by falling over 3% […]
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The volume indicators for the daily timeframe showed that the selling pressure was not overwhelming.
Cardano was not guaranteed to bounce from the lows, and traders must beware of BTC'sThe post Cardano falls below $0.
The cryptocurrency market was attacked by the bear, causing most major coins to fall. Cardano [ADA] reported fall of 9. 63% over 24 hours, followed by Stellar Lumens [XLM] and Bitcoin Cash [BCH].
The last day of April was bad for the cryptoverse as the collective market was colored red. The month saw the Bitfinex-Tether episode come to light, bringing down the valuation of Bitcoin [BTC] and other altcoins shortly after.
Late April Update: Technicals ADABTC daily chart looks like it is loading up time as the price is about to hit multiple support zones, ascending trendline (black line) and horizontal support line at 1262 sats.
Crypto markets being driven by altcoins; Cardano, NEM and CRO Cranking, Bitcoin dominance diminishing. Market Wrap Crypto markets are still consolidating as we round off another week. Volume has crept up a little and a slow uptrend has formed over the past couple of days as major crypto assets hit resistance levels.
Chart for ADA/USD (1W) Cardano (ADA) is the cryptocurrency with the highest probability of being listed next on Coinbase. Cardano (ADA), which is supported by IOHK, is the firm run by Charles Hoskinson, the founder of Cardano (ADA).
While bears continue to tighten their grip, the primary story is no longer about price charts. Market players now want to know where funds are moving. This has been among the key indicators for detecting potential sentiment shifts amid broader market uncertainty.
The cryptocurrency market recovery has stalled over the past few hours, with Bitcoin failing to overcome the $93k resistance level. Ripple (XRP) is trading under pressure at press time and risks dropping below the $2 psychological level if the bearish trend persists.
Cryptocurrencies remained downbeat on Friday, December 5, with sentiment deteriorating across leading assets. Meanwhile, the latest ETF flow stats confirm this weakness, with Bitcoin and Ethereum exchange-traded products struggling as new products attracted fresh funds.
Ripple (XRP) seems to have lost steam after recording gains over the past two days. The second-largest altcoin by market cap is trading at around $2. 17, with the bulls pushing to regain control of the trend.
Bitcoin traded just above $93,416 on Thursday as expectations mounted that the US Federal Reserve would cut interest rates next week. During the morning session, the cryptocurrency dipped to $92,612 before climbing to an intraday high of $94,002, reflecting renewed momentum after several weeks of turbulence.