Bitcoin (BTC) made a sharp comeback and is trading near the $78,000 level. The largest cryptocurrency by market capitalization tumbled below the psychological support of $80,000 after the US stock futures market opened sharply lower on April 6.
Cardano (ADA) has managed to recover from a loss of nearly 18% in the past 24 hours and has now lost 8.6% of its value as the market crashed during the weekend amid Donald Trump's hostile trade policy decisions.
The crypto market is facing one of its most violent shakeouts in recent weeks, with major cryptocurrencies like XRP, Solana (SOL) and Cardano (ADA) recording significant losses.
Will high bear pressure put overleveraged longs at risk of cascading liquidations?
"The uncertainty dragged Solana and Ethereum into a steep downtrend," an expert told Decrypt, saying current trading "smells of profit-taking."
The crypto market is reeling from the aftermath of rising global economic tensions, fears of a US recession, and intensifying trade conflicts. Bitcoin has dropped below $77,000, losing over 10% from its recent high of nearly $90,000. Altcoins like Ethereum, XRP, Solana, and Dogecoin are experiencing even sharper declines, reflecting widespread market unease.
Cardano is taking a massive hit as the crypto market bleeds. With prices crashing over 16% in the last 24 hours, ADA has reached a major support zone.
One of the biggest Cardano (ADA) contributors known for his work in the ecosystem, Sebastien Guillemot, recently revealed a significant donation made by his development crew, dcSpark. The donation, worth $460,000 ADA tokens, represents a $400,000 loan, alongside $60,000 in accumulated interest.
An investment of $1,500 could grow into a respectable amount of money in the right place, but it's not so large that it precludes taking a bit of a risk. On that note, for some investors, Cardano (ADA -15.58%) might seem like an appealing option, as it's riskier than a pick like Bitcoin but nowhere near as risky as some lesser known altcoins.
Cardano (ADA) has faced a sharp price decline amid heightened volatility and widespread liquidations across the broader crypto market. Over the past 24 hours, ADA has shed more than 10% of its value, marking one of its steepest single-day losses in recent months.
The crypto market has crashed, leading to a $1.5 trillion wipeout, with the total market cap of all coins plunging to $2.37 trillion. Bitcoin dived to $75,000, while Ethereum plunged to $1,445.
XRP, ADA, DOGE Tokens Drop Below Critical Price Supports Amid 'Economic Nuclear War'
Cardano (ADA) saw a sharp decline on Sunday, falling 10.26% to $0.5855 by 14:50 ET (18:50 GMT), marking its largest single-day drop since April 6, according to Investing.com data. This significant drop brought ADAs market capitalization down to $20.97 billion, representing approximately 1.10% of the overall cryptocurrency market cap.
Both assets have actually retraced in the past 24 hours.
Cardano (ADA), the ninth-largest cryptocurrency by market cap, is approaching a technical indicator known as a death cross a bearish signal that could point to further downside. A death cross occurs when the 50-day simple moving average (SMA) drops below the 200-day SMA, suggesting weakening short-term momentum.
For years, Ethereum and Cardano have been the go-to names in crypto portfolios—known for their smart contract infrastructure, developer activity, and long-term roadmaps. But in 2025, as the market matures and investors search for higher potential returns, many are realizing that the next 10x opportunity may not come from these already-established giants.
Cardano price is nearing a key technical milestone that may signal a shift in its price momentum. The cryptocurrency, currently priced at $0.6484, has shown a 2.45% decrease in the last 24 hours.
Despite the recent crypto crash that sent most digital assets tumbling, Ethereum (ETH), Solana (SOL) and Cardano (ADA) have managed to hold their ground. According to latest reports, these three cryptocurrencies are now leading the charts as the most trending coins in the market after the crash.
Market prices of Cardano (ADA) increased by over 3% on Friday amid a general bullish wave in the crypto market. However, this minor uptick only follows the largely negative performance earlier seen in the week.
Crypto prices were mixed last week as most investors remained in the sidelines as the fear and greed index moved to the extreme fear zone of 4. Bitcoin rose by about 1% during the week, while other tokens like Cardano, XRP, and BNB were barely moved as US stocks plunged.
Expectations for Bitcoin and the broader altcoin market are largely bullish from market players, as Q2 has historically been bullish for most cryptocurrencies.
Cardano (ADA) continues to take center stage as the first blockchain platform anchored on peer-reviewed research.
Cardano and Solana, from Q1 to Q2: Which asset holds the edge?
Cardano, the ninth-largest cryptocurrency by market capitalization, is anticipating a moving average crossover. A death cross, a bearish pattern that often signals a potential bearish trend, seems imminent based on the indications presented on the daily chart.
Cardano price predictions for 2025 are heating up, with analysts pointing to a possible breakout between $3 and $5. And with the recent announcement by Charles Hoskinson, what to expect for ADA price?
Market participants are selling their ADA as market conditions remain on the low side.
The markets recovered to some extent, probably due to the rounds of the SEC clarifying stablecoins as not securities. The Bitcoin price rose significantly and tried hard to surpass the pivotal resistance at $83,800, but the bears quickly dragged the levels lower, compelling the price to remain consolidated below the range.
ADA, Cardano's native token, remains stable after a major shift in market sentiment following Treasury Secretary Scott Bessent's bold statement. The ADA price is holding steady near a key support level of $0.635, keeping it in a make-or-break zone. Current Price Momentum At press time, ADA is trading near $0.
Bitcoin (BTC) price has managed to stay above the $80,000 level as volatility wrecked US stock markets on April 3 and April 4. The failure of the bears to capitalize on the opportunity shows a lack of selling at lower levels.Risky assets were rattled after US President Donald Trump announced reciprocal tariffs on several countries on April 2.
Alongside new platform, the foundation also launching the Veridian Wallet, a tool designed to keep personal info secure and let users prove who they are online without the usual hassles.
After a free fall, the crypto markets are trying hard to recover and sustain themselves above their respective support levels. Meanwhile, Cardano (ADA) & Ripple (XRP) prices have been gaining some strength regardless of the negative on-chain data.
Cardano has experienced a tough period, with the failed price recovery and declining market conditions. However, the recent buying behavior of whales and the potential for a price surge suggest a change in momentum.
In a notable turnaround, popular crypto influencer and entrepreneur Alex Becker has declared Cardano's network “fast as hell” while predicting ADA could surge to between $4 and $5 amid accelerating technological advancements and strengthening fundamentals.
Cardano price has risen for the second successive day, mirroring the broader crypto market which has defied the trade tariff war fears.
Cardano (ADA) is hovering around the $0.65 support level, with the analyst warning of a possible 10% drop, but also eyeing a potential rebound to $1.
Whales seem to have changed their strategy.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Shiba Inu in greater detail. Ethereum (ETH) Ethereum and most of the market closed March in red and April opened with a tariff war which crashed prices this week.
Scottie Pippen, who is widely considered to be one of the greatest basketball players of all time, has taken to social media to highlight the advantages of crypto amid the global tariff-induced economic turmoil.
ADA, Cardano's native token, has reached a key level and appears to signal that if the downside momentum doesn't continue, a massive sell-off could follow. It all began with a reciprocating tariff announcement by United States President Donald Trump on April 2, 2025. At press time, ADA is trading near $0.
The co-founder of Cardano, Charles Hoskinson, has revealed his strategic investment in two platforms dedicated to decentralized publishing and media: Book.io and Stuff.io. The visionary's idea is to support the two projects that bring the ownership of books as well as films, music, videos, podcasts, and other forms of digital media onto the blockchain. Charles Hoskinson, co-founder of Cardano, announced a strategic investment in two platforms dedicated to decentralized publishing and media: Book.io and Stuff.io.
Cardano has launched Veridian, its open-source digital identity platform which provides a decentralized solution for both individuals and businesses. Veridian, launched on Apr.
While predictions for Cardano to $1 may seem like a far cry, a cryptocurrency expert has injected new life into the claims. Cardano's price is headed below 50 cents in search of a new support zone that can serve as a springboard to reach new highs.
Cardano Foundation has launched Veridian, a decentralized digital identity platform aimed at reshaping how personal and organizational data is managed and secured. Designed as an open-source service, Veridian establishes users as data owners, thereby attempting to alter the global trend of centralized verification.
Cardano has made a name for itself as one of the most trusted and sustainable blockchain platforms, using its proof-of-stake consensus and focus on real-world utility to foster innovation across industries. With projects in education, healthcare, and even governance, it's no wonder that Cardano remains a key player in the cryptocurrency landscape.
Cardano (ADA -7.72%) is plunging on Thursday. The cryptocurrency lost 8.6% as of 1:50 p.m.
After weeks of constrained price action and consistently lower highs, Cardano (ADA) appears to have finally broken free from its bearish grip. A recent analysis by crypto trader TehThomas on the TradingView platform confirms that ADA has broken out on the 4-hour chart, which may be marking the beginning of a more significant trend reversal.
How are the charts looking after this sharp drop? Here's an overview of the most relevant technical signals for Cardano, Ethereum (ETH), and Bitcoin (BTC) charts.