Cardano retests key support amid bearish sentiment and testnet concerns

in #gjdkhls • 2 years ago

Cardano's ADA/USD fell 3% in the past day, extending weekly losses to 19%. Its market capitalization dropped to $15,218,450,837 with low trading volume. ADA trading volume fell 8% over the past day to just over $650 million.

The bearish momentum in Cardano is partially linked to the ongoing crypto market correction. In addition to revisions, an important fundamental aspect has shaken the smart contract blockchain. A bug reported on its testnet may delay the expected Vasyl hard fork.

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2 years ago in #gjdkhls by
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