June 27 (Cointime) - Benjamin Cowen, CEO and founder of ITC Crypto, has highlighted Cardano (ADA) for its performance during the current bear market. Cowen's analysis shows that Cardano's resilience in the current bear market is outpacing its performance during the 2018-2020 bearish phase.
The orange line in Cowen's graphic, which represents the ongoing bear market that commenced in September 2021, displays a trend of diminishing losses over time. Although ADA has experienced a decrease in price over the last 24 hours, the broader analysis paints a picture of enhanced market resilience.
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