Cardano was one of the biggest losers after the US Consumer Price Index was released on Thursday.
ADA dipped to a 21-month low of $0.35 in the immediate aftermath of the announcement, a price that has not been seen since January 2021.
The coin has made a slight recovery to $0.37 but is still 4% down in the last 24hrs and 12.5% down in the last seven days - the second-largest amount of any coin in the crypto top 25 (Uniswap is 13% down)....
Read More: Cardano Price Forecast – Can ADA Beat its All-Time High?
from Cryptonews https://ift.tt/y1LBzhV
ADA dipped to a 21-month low of $0.35 in the immediate aftermath of the announcement, a price that has not been seen since January 2021.
The coin has made a slight recovery to $0.37 but is still 4% down in the last 24hrs and 12.5% down in the last seven days - the second-largest amount of any coin in the crypto top 25 (Uniswap is 13% down)....
Read More: Cardano Price Forecast – Can ADA Beat its All-Time High?
from Cryptonews https://ift.tt/y1LBzhV
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