Cardano Plunges Over 16%, Amidst Broader Crypto Market Selloff

Cardano (ADA) has experienced a significant price drop this week, plummeting over 16% in the last 24 hours. The crypto market as a whole is experiencing a downturn, with several altcoins also losing substantial value. This dramatic fall for ADA has resulted in a current price of $0.53. The latest Cardano stats include: current price at $0.53, a 24-hour decrease of -16.36%, and a seven-day change of -17.5%. The current market capitalization stands at $18.8 billion. A chart from TradingView shows ADA’s recent trading activity.