Cardano (ADA) price drops and trades at $0.6046 at the time of writing on Wednesday, falling from $0.6437 and marking a 6.08% decline in the last 24 hours. The daily trade volume climbed by 12.26% to hit $743,957,532.58. Volume increase amidst a price decline can be interpreted as profit-taking or repositioning by crypto traders ahead of the next move in Cardano price.
Cardano gained 6.15% in the last 7 days, and the total market capitalization currently hits $21,334,202,374.07.
In the last 24 hours, MANTRA, Core and Tether Gold rallied, emerging as top gainers while Pi, Bonk, Onyxcoin declined, ranking as top losers in the market.
