Cardano breaks the $0.2439 level: ADA is falling more than twice as fast as Bitcoin

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Cardano has lost 7.13 percent over 24 hours to $0.2207 and now stands at its lowest since September 18. Bitcoin gave up only 2.95 percent in the same period, and our own count shows 15 of the 20 largest coins falling harder than BTC.Cardano traded at $0.2207 on Wednesday morning, down 7.13 percent over 24 hours. Bitcoin gave up 2.95 percent in the same period. ADA is falling roughly two and a half times as fast as the largest cryptocurrency, and over a week the gap is wider still: minus 12.62 percent for Cardano against minus 1.91 percent for Bitcoin. That breaks the level we wrote about on October 7. The Cardano price stood at $0.2439 then, and the question was whether the line would hold. It held for a week. The price now sits 9.51 percent below it. Cardano price at $0.2207: lowest level since September 18 The day's trading points one way. The 24-hour high was $0.2382, the low $0.2175. The current level is 7.35 percent below the high of the day and therefore close to the botto...