Cryptocurrency Cardano Falls More Than 15% In 24 hours

Over the past 24 hours, Cardano's ADA/USD price has fallen 15.09% to $1.2. This continues its negative trend over the past week where it has experienced a 6.0% loss, moving from $1.28 to its current price.

The chart below compares the price movement and volatility for Cardano over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Cardano's trading volume has climbed 78.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 2.34%. This brings the circulating supply to 32.07 billion, which makes up an estimated 71.26% of its max supply of 45.00 billion. According to our data, the current market cap ranking for ADA is #6 at 38.67 billion.

Where Can You Buy Cardano?

If you are interested in purchasing Cardano or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.

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