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Cardano (CCC:ADA-USD) is soaring to a new all-time high this morning as the crypto continues a rally that’s been taking place over the last few weeks! Source: Stanslavs / Shutterstock So why is ...
Cardano (ADA) achieved a new all-time high of $2.54 in the early hours of trading this morning.
Cardano (ADA) is a cryptocurrency currently worth about $0.38 per coin, down from an all-time high of $3.10 last summer. The coin has a market cap of roughly $12.7 billion as of October 2022.
Cardano reached a market cap of $77 billion in May 2021, which was the fourth highest for a cryptocurrency at that time. [ 15 ] [ 16 ] Advertising agency MBLM ranked Cardano 26th for brand intimacy out of 600 brands in August 2022, in between Ford and Nestlé and the highest rank for a cryptocurrency.
All things being equal, a rise in job openings means increased economic activity, i.e., higher spending throughout the economy. That's positive news for any asset class, right? Not necessarily.
7 This was the Nasdaq's all-time intraday high on March 10, 2000, which was finally broken on June 18, 2015. 8 This was the Nasdaq's close at the peak on July 20, 2015, before the 2015-16 stock market selloff. 9 The Nasdaq first traded above 5,400 during the session on Tuesday, November 29, 2016, but dropped below before the closing. Over the ...
March 24, 2000: The S&P 500 index reaches an all-time intraday high of 1552.87 during the dot-com bubble. It hit this level again on July 13, 2007. October 9, 2007: The index closes at a record high of 1565.15, the highest prior to the financial crisis of 2007–2008. Two days later, the index hit an intraday record high of 1576.09.
Since bitcoin arrived on the scene, cryptocurrencies have been a hot topic in the financial world. The basic concept behind crypto is "decentralization," creating a monetary system outside of the...