The crypto market suffered heavy losses in the early hours of Friday with many traders liquidated as the flagship crypto dipped below the $50,000 price levels.
The fast-rising crypto at the time of writing traded at $0.359439 with a daily trading volume of $63.5 billion.
Cardano was trading at $1.246876 on Thursday, down 10.61% on the day.
The bright shining crypto traded at $1.234007, up 20.12% on the day.
Over the past week, the bears took a grip on the crypto as its value plunged by 13.16%.
Cardano traded at $1.06, with a daily trading volume of $7.4 billion. Cardano is down 11.76% for the day.
FD7 Ventures has revealed plans to sell about $750 million worth of their Bitcoin holdings over the next month.
The fast-rising valuable crypto asset received a fresh wave of a buying spree, seeing its price post a new all-time high of $1.29.
Cardano at the time of writing this report was trading at $1.047324, up 20.35% on the day.
Someone moved 4,501 BTC (256,327,624 USD) transferred from Coinbase to an unknown wallet.