Bitcoin cannot sustain a move above $ 60,000. Cardano falls after Coinbase listing

The crypto markets are pulling back this afternoon after two days of solid gains Bitcoin fall over $ 60,000 overnight after a brief movement and Cardano (ADA) have a fleeting day after adding the so-called Ethereum killer Coinbase.

Named after English mathematician Ada Lovelace, the token had risen when the long-awaited Coinbase listing was announced on Wednesday, hitting an all-time high of US $ 1.48 five minutes before trading began on the US platform at 3 a.m. AEDT. Dollar.

But when trading started, the price fell sharply. At 12:38 p.m. AEDT, Ada changed hands at $ 1.24, a 10.8 percent decrease from 24 hours earlier.

That made Cardano the worst-performing token in the top 100, despite still gaining 9.6 percent over the week.

$ THERE ARE Ouchie.

– CyrptoTrader101 (@sdsheeks) March 19, 2021

And then $ ADA died … have, which is why you ALWAYS have a STOP LOSS and convert it to profit when the trade is moving.

– “Lisa N Edwards” (@LisaNEdwards) March 19, 2021

Bitcoin had a similar rejection overnight, just minutes after Cardano fell.

BTC crossed the $ 60,000 mark around 3:05 a.m. AEDT but stayed there for less than an hour.

At 1:50 a.m., the king of cryptocurrencies was trading around $ 57,500 ($ 74,500), a 2.6 percent decrease from the same time yesterday.

ether changed hands at $ 1,774 ($ 2,290), a decrease of 3.3 percent.

Of the 100 best crypto coins on Coingecko, 72 were in the red and 25 in the green, compared to the status 24 hours ago.

SwissBorg, a token for use in a decentralized wealth management platform in Switzerland, was, alongside ADA / Cardano, the only token that has fallen by more than 10 percent.

Crypto marketsCoin360

Pundi X increases in token exchange

The top performer was Pundi X. (NPXS), which rose 45.2 percent to $ 0.49 after announcing a 1,000-for-one token reduction. The ticker code changes as part of the token swap from NPXS to PUNDIX.

The Pundi X coin is currently 66 times higher than it was a year ago, but still not near its all-time high of c 1.44 in May 2018.

The token is intended for use in a digital currency payments ecosystem that targets retail payments at brick and mortar retailers.

Theta network, harmony, Balancer, Nexus, Basic attention token, Kusama, LEO token and Arweave According to Coingecko, the other top 100 tokens have been all-time highs in the past 24 hours.


Get the latest Stockhead news delivered to your inbox for free.

It’s free. Log out whenever you want.

This might interest you

Comments are closed.