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The Cardano price posted a lone advance on Monday as the broader cryptocurrency markets collapsed earlier this week. Bitcoin price dropped below $ 8,000.
In total, the market capitalization of the cryptocurrency dropped by $ 32 billion billion dollars against 335 billion dollars Sunday for a one-day decline of 3.9 percent.
Bitcoin price wells fall below $ 8,000 after the liquidation of the raid
The Bitcoin price set the tone of the day and that tone did not seem quite so bitter.
On Sunday, Bitcoin climbed into the new week with a dramatic run at $ 8,400, a mark that it traded up to Monday morning when a quick sell dropped the price of Bitcoin to $ 7900 .
Currently, Bitcoin has a price of $ 7,973 on Bitfinex, Representing a 24 – drop of just under 4%, Bitcoin now has a market capitalization of $ 135.6 billion.
Fighting Ethereum Prices Above $ 500
The Ethereum course followed a similar course, and it peaked at $ 537 before falling back below the $ 500 mark. At present, Ethereum is just staying above this brand on Bitfinex, where the ETH / USD is trading at $ 503. Ethereum currently has a market capitalization of $ 49.9 billion, down 4% on a single day.
The markets of Altcoin become red, but the price Cardano advance alone
Altcoin markets generally followed the index, and nine of the 10 largest cryptocurrencies declined by three to five percent against the US dollar.
Ripple, Cash Bitcoin, and Litecoin have each decreased by 3%, reducing their prices to $ 0.64, $ 755 and $ 126, respectively.
EOS, ranked sixth, saw a five percent drop to $ 7.99. This drop was the worst of the 10 largest coins, probably because the eosDAC drop-off blockchain snap occurred on April 15, eliminating what had been a major source of pressure on purchases over the course of the month. last week.
Cardano, on the other hand, jumped seven percent to become the only 10-cryptocurrency to pull itself against the dollar. At present, the Cardano price is $ 0.23 on Binance.
The outperformance of Cardano appears to be related to the announcement that its ADA token will be listed on Huobi, which currently ranks as the second largest cryptocurrency exchange in the world with a daily trading volume of $ 1.2 billion.
Stellar and IOTA each lost about four percent for the day, while the five percent decline in NEO completed the top 10.
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