The price of Cardano (ADA) has dropped by 10% amid a sell-off in the overall cryptocurrency market. Long-term holders of ADA face losses as the market experiences significant declines, leading to a downturn in the value of this particular cryptocurrency. Investors are witnessing a consolidation phase following the bearish momentum. Cardano's decline aligns with the broader trend in the market, causing concerns about its future movement. Experts are evaluating whether ADA will stabilize or continue to lose value in the midst of ongoing volatility, particularly in light of speculations about an ADA ETF.



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