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Cryptocurrencies witness significant declines today as bears tighten their grip. The notable selling momentum has deteriorated Cardano's structure. ADA has been in a free fall despite recent buying activities from large-scale players. Ali Charts highlighted that whales scooped over 130 million Cardano tokens in the past 72 hours.
Cardano (ADA) has lost a key support level as the broader crypto market experiences heavy selling pressure.
TRUMP took a double digit hit as the U.S. President continues his global trade war.
Whales have purchased 130 million ADA, but market conditions suggest limited short-term price recovery.
The crypto winter seems to have advanced this year, with popular tokens losing their grip on the rally. External factors, like tariff impositions, have adversely impacted the crypto markets, which has caused massive sell-offs, including billions of outflows in the spot ETFs.
Cardano (ADA) saw a sharp decline, dropping 10.2% in the past 24 hours to $0.5954 by 00:08 (05:08 GMT) on the Investing.com Index. This marks its largest single-day percentage loss since February 24.
Cardano (ADA) has long been hailed as one of the most exciting blockchain initiatives, offering a strong, smart contract architecture, increased scalability, and sustainability. ADA, which trades at $0.7004 right now, has not maintained pace in the crypto market despite its solid foundations.
As institutional giants like Grayscale Investments and CoinShares seek regulatory permission for exchange-traded funds (ETFs) linked to Cardano and XRP, the cryptocurrency market is humming with activity. Many investors wonder whether committing $5,000 to ADA or XRP would produce a $50,000 return, given the possibility of significant increases upon approval.
Cardano and SUI now feature in the Grayscale Smart Contract Fund following its latest rebalancing.
Cardano (ADA) faces selling pressure as it tests support at $0.60, with technical indicators suggesting potential for further downside movement toward $0.50 if current levels fail to hold.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The market turned bearish and Ethereum has lost its support at $2,400, falling by 21% in the past seven days.
Cardano price started a fresh decline from the $0.70 zone. ADA is now consolidating losses and at risk of more losses below the $0.60 level.
Cardano (ADA) has been under pressure lately as whales, or large holders, offload massive amounts of the cryptocurrency. In the past few days, whale accounts have collectively sold over 170 million ADA, contributing to a sharp decline in its price.
BitBoy's claim of resurrecting ADA from the dead has drawn “gratitude” from Cardano founder Charles Hoskinson. The outspoken founder took to X to wish BitBoy well in his future endeavors outside the Cardano ecosystem amid a flurry of activity.
Crypto exchanges appear to now be in safe waters—but legal experts say it's still too early for token projects to rest easy.
Large investors have sold approximately $115 million worth of ADA in the past several days.
After shedding 50% of its value from its highest level in 2024, Cardano price may stage a parabolic rally to between $4 and $5, according to a popular millionaire. ADA coin has crashed to $0.67, a price action that is in sync with that of other USA coins like Chainlink and Solana.
Cardano whales have recently sold massive amounts of tokens as ADA trades at a critical level.
Cardano based project Midnight which aims to create a zero-knowledge data protection-based sidechain has teamed up with blockchain security heavyweight OpenZeppelin to introduce a specialized smart contract framework for privacy-preserving applications.
Cardano (ADA) has been struggling to regain momentum after a significant drop in its value. The altcoin has faced a 50% decline from its December 2024 peak of $1.30, leaving many investors questioning its recovery prospects.
Cardano (ADA) has experienced a significant decline in recent weeks, with the price dropping by 20%. Despite this downturn, whale addresses have shown strong accumulation, adding over 300 million ADA worth nearly $200 million.
The market condition is a bit different of late as quite a few cryptys are registering gains while the rest are underperforming. However, Cardano (ADA) price fortunately moved in investors' favor in the past 24 hours.
Assessing recovery odds of ADA amid ETF speculation and BTC dominance dip.
Turning a small investment into life-changing gains is every crypto investor's dream, and a new Cardano (ADA) alternative is making that a reality. While Cardano (ADA) is working toward reclaiming the $2.50 mark, a new competitor in the market is offering early investors a chance at even bigger profits.
