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Cardano (ADA) Drops 5.25% in One Hour, Falls to $0.2525

ADA was down 5.54% over 24 hours, while long liquidations reached $1.7 million across three major exchanges.

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Silver cryptocurrency coin resting beside a sharply tilted market marker / TokenPost.ai
Silver cryptocurrency coin resting beside a sharply tilted market marker / TokenPost.ai

Cardano (ADA) fell 5.25% in one hour to $0.2525 at 10:03 p.m. ET Oct. 6 (02:03 UTC Oct. 7).

ADA declined from $0.2665 over the hour and was down 5.54% from its level 24 hours earlier. The price was measured on Binance’s ADA/USDT spot market.

Long liquidations across Binance, Bybit and OKX totaled $1.7 million during the same hour, compared with $10,000 in short liquidations. Cardano ranked 17th by market capitalization at roughly $9.89475 billion.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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