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?
-Advertisement-
Popular
- Realme Buds Q2 launched with 10mm Bass Boost+ Driver, ENC, Low latency gaming mode, fast charge
- Decentraland is Going to Zero as the SEC Says MANA is a Security but This New Sustainable Crypto Could Be the Next Crypto to Explode Here's How it Works
- Microsoft Teams audio upgrade coming later this year
- How to make a PDF
- Redmi K40 series to be launched on February 25 with up to Snapdragon 888, 120Hz AMOLED display and Teaser Poster Release