Cardano (ADA) experienced an unexpected 6% drop in price, contrary to the overall crypto market that was recovering from recent losses. The drop may have been due to profit-taking as previously high-gaining assets were now trading in the red. The inclusion of ADA in a strategic crypto reserve initially sparked a rally, but questions about the project's merits and macroeconomic concerns have since weighed on investor sentiment. Cardano Founder Charles Hoskinson commented that he was unaware of ADA's inclusion and had not received an invitation to an upcoming Crypto Summit.



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