Cardano (ADA), the popular layer-1 cryptocurrency, has been trading sideways this month, hovering around $1.06. The current price reflects a nearly 20% decline from its 2023 peak of $1.327, achieved during the crypto bull run in November. This downward trajectory aligns with the broader market trend, as other major cryptocurrencies, such as Avalanche and Binance Coin, have also pulled back from their year-to-date highs.
12/17/2024
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