Home / Litecoin / litecoin [LTC] and Cardano [ADA] hit by the bear's attack: loss of 10% during the week

litecoin [LTC] and Cardano [ADA] hit by the bear's attack: loss of 10% during the week

litecoin [LTC] and Cardano [ADA] they are two currencies that have repeatedly overcome bear attacks in the last week, an ugly one for every currency in the cryptocurrency market. The last of this series of drops brought down the price of Litecoin by 3.06%, with Cardano losing 5.6% of its value.

The bearish week left its mark on the currency, with a loss of 10.3% and 10.1% respectively for Litecoin and Cardano. It is also indicative of a broader trend in the cryptocurrency market, with a lack of energy seen in the movement of coins. The bear then took the opportunity to lower prices, leading to a downward spiral in prices and interest.

litecoin:

Bitcoin's silver gold fell significantly in value from the start of this week and at the time it was trading around $ 55. The currency reduced its value to $ 53.7 before recovering considerably to $ 54.4 and going back to $ 53 on November 8th.

Then he proceeded to see a sharp fall on November 11 to $ 50.3, followed by a further drop earlier today to the $ 49.6 mark. Litecoin then proceeded to recover at $ 50.2 before falling below $ 49.5. It is now trading at $ 49, with a market capitalization of $ 2.8 billion at n. 7 for the total market capitalization.

Cardano:

Cardano saw a steady decline during the week, starting at around $ 0.08 and falling to $ 0.070 the next day. The currency then rose to $ 0.79 on November 8, recovering an impressive recovery. However, it continued to lose in the next two days, offering investors the opportunity to buy at a low price of $ 0.074 on November 10th.

On 12 November, it then recorded a slight recovery of up to $ 0.076, before starting a steady decline to $ 0.73, creating the atmosphere before today's crash. It is currently trading at $ 0.071 with a market capitalization of $ 1.84 billion.


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Anirudh VK


Anirudh VK is a full-time journalist at AMBCrypto. He has a passion for writing and an interest in the future of blockchain and cryptocurrency technology. At the moment it does not have any cryptocurrency.


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