Cardano

<ul><li>The price of Cardano (ADA) continued to drop and printed more than 4% loss within 24-hours.</li><li>Data from IntoTheBlock showed that 95% of ADA holders are at a loss.</li><li>Exchange and on-chain signals for ADA are currently in bearish territory.\</li></ul>The crypto market took an unexpected dive following the FED’s recent interest rate announcement, and <a href="https://coinedition.com/tag/cardano-ada/" rel="noopener noreferrer nofollow">Cardano (ADA)</a> was no exception. Data from the on-chain tracking company IntoTheBlock revealed that ADA was worth about $0.255384 at press time after the Ethereum-killer suffered a more than 4% loss over the past 24 hours of trading.This left ADA’s market cap standing at $9.32 billion as well, making it the seventh biggest cryptocurrency in terms of market capitalization. <a href="https://coinedition.com/cardano-ada-price-prediction/" rel="noopener noreferrer nofollow">ADA’s price</a> drop over the past day also pushed the altcoin’s weekly performance even further into the red to -21.66%.<a href="https://coinedition.com/on-chain-metrics-for-cardano-ada-are-extremely-bearish/" rel="noopener noreferrer nofollow">See the Original On CoinEdition</a>

On-Chain Metrics for Cardano (ADA) Are Extremely Bearish

Coin Edition

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