What is happening to crypto? Cardano (ADA), Stellar (XLM), and Litecoin (available on Coinbase) (LTC) all suffer losses on the crypto market today.
There are more coins down than up at the moment; however, there also aren’t any major losses across the board. Dentacoin (DCN) has experienced the greatest percentage loss currently, losing 12.77% in the past 24 hours. With no major threats hovering over crypto at the time, such as recently announced regulations, the loss in the overall market may be due to a general correction.
Cardano is currently selling for $0.314623, putting the coin down 5.64% in the past 24 hours.
Source: CoinMarketCapCardano was trading fairly steadily until about the end of the day Tuesday when it dropped off suddenly to $0.321688. The coin has been declining since. Cardano’s market cap, currently $8.2 billion, and its US dollar price have been riding the same wavelength for the past 24 hours.