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Cardano Falls 6.04% in Four Hours to $0.1913 on Binance

ADA also fell 7.23% in 24 hours. Liquidations across three exchanges totaled $20,000 for long positions and $30,000 for short positions.

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A silver token tilts beside descending red blocks on a charcoal surface / TokenPost.ai
A silver token tilts beside descending red blocks on a charcoal surface / TokenPost.ai

Cardano (ADA) fell 6.04% in four hours to $0.1913 as of 6:05 p.m. ET Thursday (22:05 UTC), extending its 24-hour decline to 7.23%.

ADA traded at $0.2036 on Binance's spot ADA/USDT pair at 2:05 p.m. ET Thursday (18:05 UTC), four hours before the latest reading. The difference between the two quotes was $0.0123.

Over the 24-hour period, ADA was down 7.23%, a decline measured across a longer window than the four-hour change. The asset's market capitalization was about $7.304 billion, ranking it 18th.

During the same one-hour period, ADA liquidations across Binance, Bybit and OKX totaled $20,000 for long positions and $30,000 for short positions. The quoted price is from Binance spot trading, while the liquidation totals combine three venues.

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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