Ethereum (CRYPTO: ETH) was trading about 2% higher on Friday in a continued bounce of relief since plummeting almost 24% lower between Jan. 5 and Jan. 12 when the crypto hit a low of $2,928.69.
Cardano's (CRYPTO: ADA) price has decreased 4.08% over the past 24 hours to $1.12, continuing its downward trend over the past week of -18.0%, moving from $1.36 to its current price.
It's been a rough weekend for cryptocurrency holders, as the overall crypto market cap dropped below the key $2 trillion level, currently sitting at $1.94 trillion.
There were major drops across the crypto industry, as investors are worried about the Omicron situation across the world and how it may impact the market.
Over the past 24 hours, Cardano's (CRYPTO: ADA) price has fallen 3.18% to $1.22. This continues its negative trend over the past week where it has experienced a 6.0% loss, moving from $1.31 to its current price.
Cardano's (CRYPTO: ADA) price has decreased 4.27% over the past 24 hours to $1.26, continuing its downward trend over the past week of -9.0%, moving from $1.37 to its current price.
Even as India is working on legislation to ban cryptocurrency trading, an index that tracks the performance of major cryptos has been launched in the country.