Cardano (ADA) Seen Weakening After Outperforming Bitcoin, Ethereum, Dogecoin In Past Week

Cardano (CRYPTO: ADA) traded 10.8% lower at $0.5982 over 24 hours at the time of writing. The price is seeing weakness on Wednesday after the coin significantly outshone major cryptocurrencies like Bitcoin, Ethereum and Dogecoin (CRYPTO: DOGE) over the past week.

Cardano (ADA) Price Performance

Time-frame
% Change (+/-)

24-hour
-10.8%

24-hour against Bitcoin (CRYPTO: BTC)
-7.5%

24-hour against Ethereum (CRYPTO: ETH)
-5.3%

7-day
14.98%

30-day
-24%

YTD-performance

-56.4%

See Also: Best USDC Interest Rates

The Cardano Factors

Cardano was among the most mentioned coins on Twitter, according to Cointrendz data. The three most mentioned coins at press time were Bitcoin, Ethereum, and Solana.
The 24-hour trading volume for ADA rose 42% to $2.6 …

Full story available on Benzinga.com

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