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Cardano to Fall to $0.70? What Bearish Market Means for ADA

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The cryptocurrency market underwent a massive as February arrived. Indeed, the market observed more than $2.3 billion in liquidations as prices plummeted. There were few who struggled as much as Cardano, as ADA could fall to $0.70 amid a bearish market. The token certainly wasn’t alone. Although the entire sector was falling in value, XRP, Dogecoin (DOGE), and other altcoins fell as much as 25%. With Cardano plummeting to its lowest level in three months, there are concerns about where the industry will go as a potential trade war keeps brewing in the US. JUST IN: $2,300,000,000 liquidated from the cryptocurrency market in the past 24 hours. — Watcher.Guru (@WatcherGuru) February 3, 2025 Also Read: PayPal’s PYUSD Bridges to Cardano: A New Era in Crypto Integration Cardano Falls to Pre-US Election Levels as ADA Threatens to Move Further Down Despite riding so high at the start of the year, things took a turn for the crypto market in the first two days of February. A host of assets ...