ខាណូណូ ADA has risen by nearly 6% against Bitcoin despite the broad market sell-off in the last 24 hours, according to របស់ CryptoSlate ទិន្នន័យ។
The ADA/BTC spot pair on Binance បានកើនឡើង ដោយ 0.00000087 ក្នុងអំឡុងពេលរាយការណ៍រហូតដល់ 0.00001571 ។ ទោះយ៉ាងណាក៏ដោយ វាបានថយក្រោយទៅ 0.00001562 នៅពេលសរសេរ។
Interestingly, the ADA token also rose by 7% to 0.0002207 against Ethereum (ETH), according to របស់ CryptoSlate ទិន្នន័យ។
Cardano’s improved performance against Bitcoin and Ethereum coincided with when the total value of assets locked in the network’s decentralized finance ecosystem reached a ខ្ពស់គ្រប់ពេលវេលា regarding ADA tokens.
ADA’s market dominance rises
Cardano’s ADA market dominance has also risen during the reporting period by 2.17% to 1.21, according to tradingview data.
Market dominance is used to measure the ratio between the market cap of an asset to the rest of the cryptocurrency market.
ADA’s market dominance had fallen to its early January level of 1.15 before rebounding to its current status as the digital asset gained ground against the top two digital assets.
Cardano’s ADA is the seventh largest digital asset with a market cap of $10.8 billion, according to របស់ CryptoSlate ទិន្នន័យ.
ADA’s USD value is 3% down
Meanwhile, when ADA’s value is denominated in US Dollars, it has fallen by 2.1% and is trading for $0.31561 គិតត្រឹមម៉ោងសារព័ត៌មាន របស់ CryptoSlate ទិន្នន័យ។
ADA’s USD value reflects the broader crypto market’s negative performance over the last 24 hours. The industry witnessed a significant sell-off that លុបចោល roughly $78 billion from crypto’s market cap.
Rival digital assets like Bitcoin tanked below $20,000 while Ethereum ធ្លាក់ចុះច្រើនជាង ៨% to $1,387. During the period, the market liquidated over $400 million from traders who held long positions in the cryptocurrencies, according to Coinglass ទិន្នន័យ.
Meanwhile, most Cardano investors are holding the token at a loss, according to IntoTheBlock ទិន្នន័យ.
Source: https://cryptoslate.com/cardano-rises-6-against-bitcoin-despite-broad-market-sell-off/