{"id":19513,"date":"2022-06-11T00:27:33","date_gmt":"2022-06-11T00:27:33","guid":{"rendered":"http:\/\/egrowonline.com\/?p=19513"},"modified":"2022-06-11T00:27:33","modified_gmt":"2022-06-11T00:27:33","slug":"why-cardano-ada-is-falling-today","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=19513","title":{"rendered":"Why Cardano (ADA) Is Falling Today"},"content":{"rendered":"


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Shares of several popular altcoins, including Cardano<\/strong> ADA\/USD<\/span>, are trading lower in sympathy with apex cryptocurrency\u00a0Bitcoin<\/strong>\u00a0BTC\/USD<\/span> and second-largest market cap crypto\u00a0Ethereum<\/strong>\u00a0ETH\/USD<\/span>.\u00a0<\/p>\n

Crypto is likely trading lower in tandem with major U.S. indices. Major indices\u00a0are lower following worse-than-expected May CPI data. Rising inflation has caused economic concerns and has also raised expectations for further Fed policy tightening.<\/p>\n

According to data from Benzinga Pro, Cardano is trading lower by 8.19% to $0.58\u00a0Friday afternoon. Cardano is also lower by 57.78% on a year-to-date basis\u00a0amid ongoing weakness in the broader\u00a0cryptocurrency<\/a>\u00a0market.<\/p>\n

See Also:\u00a0Apple Reportedly Plans For a Bevy Of Laptops Armed With Powerful In-House Chips<\/a><\/em><\/p>\n<\/div>\n


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Shares of several popular altcoins, including Cardano ADA\/USD, are trading lower in sympathy with apex cryptocurrency\u00a0Bitcoin\u00a0BTC\/USD and second-largest market cap crypto\u00a0Ethereum\u00a0ETH\/USD.\u00a0 Crypto is likely trading lower in tandem with major U.S. indices. Major indices\u00a0are lower following worse-than-expected May CPI data. Rising inflation has caused economic concerns and has also raised expectations for further Fed policy […]<\/p>\n","protected":false},"author":1,"featured_media":19514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[340,266,667,446],"class_list":["post-19513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-ada","tag-cardano","tag-falling","tag-today"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/06\/25_9.png","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/19513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19513"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/19513\/revisions"}],"predecessor-version":[{"id":19515,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/19513\/revisions\/19515"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/19514"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19513"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}