Cardano (ADA-USD) Cryptocurrency is currently on bullish momentum by 64.61% in the last 14 days. At 12:55 EST on Saturday, 15 May, Cardano (ADA-USD) is at $2.23.

Cardano (ADA-USD) Range

About Cardano’s daily highs and lows, it’s 76.98% up from its trailing 14 days low of $1.26 and 3.04% down from its trailing 14 days high of $2.30.

Social Status

Currently, Cardano (ADA-USD) has 420704 Twitter followers and 428337 Reddit subscribers.

As of now, on Github, there are 602 forks, 3581 stars, and 440 subscribers.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Cardano’s crypto is considered to be oversold (<=20).

News about Bitcoin

Bitcoin (btc) plunges on Tesla Bitcoin suspension, aud/usd spars USD strength. According to DailyFX on Wednesday, 12 May, "Tesla’s CEO Elon Musk tweeted a statement announcing the suspension of Bitcoin payments for Tesla vehicle purchases. ", "Early Thursday - several hours after the New York closing bell - Bitcoin made a sudden and sharp drop. "

Crypto stocks rebound after $6.1 billion swoon as Bitcoin churns. According to Bloomberg Quint on Friday, 14 May, "The gains comes as Bitcoin climbs back from a slide of more than 15% on Thursday. ", "Elon Musk’s stunning tweet late Wednesday triggered the free-fall for Bitcoin as the billionaire brought concerns surrounding the energy usage of the mining required for the currency to light and forced Wall Street to grapple with an uncertain outlook. "

Musk’s Bitcoin concerns sink crypto-linked stocks. According to Bloomberg Quint on Thursday, 13 May, "Bitcoin plunged as much as 15%, sinking to as low as $46,045 after Musk said he was worried over the "rapidly increasing use of fossil fuels for Bitcoin mining and transactions," and suspended Tesla purchases with the asset, indicating he might favor other cryptocurrencies with much lower energy usage.", "Tesla’s disclosure in February that it had purchased $1.5 billion in Bitcoin and would accept it as a payment, added legitimacy to the cryptocurrency. "

More news about Cardano (ADA-USD).

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