2021-07-24 17:59:45

Cardano Cryptocurrency Rises By 6% In The Last 24 Hours

(VIANEWS) –

Cardano (ADA-USD) Cryptocurrency is currently on bullish momentum by 6.88% in the last 24 hours. At 12:57 EST on Saturday, 24 July, Cardano (ADA-USD) is at $1.2400.

Volume

Today’s last reported volume for Cardano is 1107866495, 72.74% below its average volume of 4063454526.19.

All-Time High and Low

Cardano’s current value is at $1.24, 49.72% below its all-time high of $2.45 on Sunday, 16 May.

Cardano’s current value is at $1.24, 6287.06% above its all time low of $2.45 on Friday, 13 March.

Market Cap and Supply

Cardano’s current market cap is at 39554500849. 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 530893 Twitter followers and 546928 Reddit subscribers.

As of now, on Github, there are 607 forks, 3637 stars, and 443 subscribers.

Volatility

Cardano’s last week, last month’s, and last quarter’s current volatility was a negative 0.38%, a positive 0.12%, and a positive 5.33%, 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 3.51% (last week), 3.48% (last month), and 5.33% (last quarter), respectively.

Other News About Cardano (ADA-USD)

Ada/usd: cardano near important short-term value vicinity – 21 July 2021. According to DailyForex on Wednesday, 21 July, “If this resistance level is not able to be surpassed and the price of Cardano continues to see a sustained amount of trading below, nervous technical sentiment may perceive this as a negative indicator. “, “Bearish traders can interpret this as a technical signal that ADA/USD may have further room to decline and take note that Cardano was trading near 0.800000 in the middle of February. “

News about Bitcoin

Bitcoin rally finding support with this key indicator. According to Bloomberg Quint on Thursday, 22 July, “By contrast, Bitcoin suffered extended losses after closing below the indicator in March 2020, and tumbled in 2018 when the price failed to break above the technical benchmark, the data show.”

Bitcoin extends gain after retaking closely watched $30,000 mark. According to Bloomberg Quint on Wednesday, 21 July, “The fear in the market was that if Bitcoin breaks below the $30,000 mark, the price will move lower violently,” said Naeem Aslam, chief market analyst with Ava Trade Ltd. “, “Regulatory and environmental concerns will likely keep Bitcoin heavy but improvements on both fronts should happen before the end of the year,” Edward Moya, senior market analyst for the Americas at Oanda, wrote in a note. “

This expert warns Bitcoin might be heading for $22,000 level. According to Business Insider on Thursday, 22 July, “Billionaire Fund Manager Jeffrey Gundlach seemingly shares Heusser’s opinion, considering thathe expects Bitcoin to fall below $23,000, according to reportspublishedlate last week.”, “This has brought on the timidly soaring bearish sentiment that recently saw competing with Bitcoin bulls as the options marketsawincreased demand for out-of-the-money or lower strike put options at $22,000 and $20,000.”

Tesla May accept Bitcoin once crypto mining makes green shift. According to Bloomberg Quint on Wednesday, 21 July, “Elon Musk, the billionaire head of Tesla Inc., said Bitcoin mining is “shifting towards renewable energy” and his company will likely resume accepting the cryptocurrency as payment for its electric cars.”, “I do believe that Bitcoin will be much more environmentally friendly” than gold mining or the existing financial sector, said Wood, adding, “In many ways it already is.”

More news about Cardano (ADA-USD).

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