Cardano ($ADA) Crypto Forecast: Down 6.2% Today

What is Cardano?

Cardano (ADA) is a popular cryptocurrency token known for its focus on sustainability and scalability in the blockchain space. Today, ADA experienced a significant bearish movement in the market.

Why is Cardano going down?

ADA crypto is down 6.2% on Jun 17, 2025 19:06

• ADA faced further losses today amidst a triangle fallout, with a decline of over 1% as pressure mounts on the token.
• The proposal by Cardano founder to convert $100 million worth of ADA into stablecoins and Bitcoin might have contributed to the negative sentiment surrounding ADA.
• The announcement of a new DeFi protocol, Cardinal, by the Cardano founder drew attention from global investors, but it seems the market was more influenced by the proposed treasury changes and overall market conditions.
• The broader market plunge in cryptocurrencies, including Bitcoin and Ethereum, due to escalating tensions in the Middle East could have added to the bearish sentiment and contributed to ADA's downward movement.

ADA Price Chart

ADA Technical Analysis

ADA News

Bitcoin, Altcoins Plunge as Trump Threat to Assassinate Iran Leader Escalates Middle East Tensions

Bitcoin, Ethereum, and other coins are down after President Trump threatens to have Iran's leader assassinated.

https://decrypt.co/325642/bitcoin-altcoins-plunge-trump-threat-assassinate-iran-leader

Cardano Price Forecast: ADA eyes further losses amid triangle fallout

Cardano (ADA) trades in the red by over 1% at press time on Tuesday, extending its losses from the previous day. Shrugging off the recent announcement of the revised stake pool incentive scheme by Input/Output firm, pressure mounts over Cardano, with optimism in ADA derivatives declining.

https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-ada-eyes-further-losses-amid-triangle-fallout-202506171126

ADA declines amid Charles Hoskinson's proposal to convert $100 million from Cardano treasury into stablecoins

Cardano (ADA) declined 4% on Friday as Cardano founder Charles Hoskinson proposed converting $100 million worth of ADA into stablecoins and Bitcoin (BTC) to boost its ecosystem's stablecoin issuance.

https://www.fxstreet.com/cryptocurrencies/news/ada-declines-amid-charles-hoskinsons-proposal-to-convert-100-million-from-cardano-treasury-into-stablecoins-202506132226

Cardano Eyes $100 Million ADA Swap Into Stablecoins, Bitcoin To Fix Liquidity, Expand Treasury

Cardano co-founder suggests electing a board to manage a decentralized treasury, comparing it to wealth funds in Norway and Abu Dhabi. The long-term goal is to build a diversified treasury exceeding $1 billion in stable assets and Bitcoin.

https://www.benzinga.com/crypto/cryptocurrency/25/06/45927014/cardano-eyes-100-million-ada-swap-into-stablecoins-bitcoin-to-fix-liquidity-expand-treasury

Cloud Mining Demand Soars as VNBTC's Cardano Contract Sells Out, Drawing Attention from Global Cardano Investors

London, United Kingdom, June 12, 2025 ( GLOBE NEWSWIRE ) -- On June 9, Cardano ( ADA ) founder announced the launch of Cardinal, a DeFi protocol built to enable Bitcoin holders to access services like staking and lending.

https://www.benzinga.com/pressreleases/25/06/g45917391/cloud-mining-demand-soars-as-vnbtcs-cardano-contract-sells-out-drawing-attention-from-global-carda

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Cardano Price History

30.04.2025 - ADA Crypto was down 5.0%

• The addition of a dozen new tokens on a trading platform may have diluted investor interest in ADA, leading to a bearish movement.
• Concerns about Cardano decoupling from Bitcoin and the potential for a price crash could have sparked selling pressure on ADA.
• The delay of a Cardano ETF by regulatory authorities likely disappointed investors, causing a 4% dip in ADA's price.
• Despite bullish price predictions for ADA, the overall market sentiment and regulatory hurdles seem to have outweighed positive outlooks, resulting in today's bearish movement.

30.04.2025 - ADA Crypto was down 6.3%

• ADA experienced a strong bearish movement following a recent decision by regulatory authorities, impacting both ADA and AVAX negatively.
• The uncertainty surrounding regulatory decisions can lead to market volatility, causing investors to react to potential risks and uncertainties.
• Despite the bearish movement, ADA's price prediction remains optimistic, with some analysts forecasting a bullish stance towards reaching $1 before June.
• The comparison with Ripple (XRP) in a crucial metric highlights the competitive landscape within the cryptocurrency market, showcasing the importance of differentiating factors for each token.

24.04.2025 - ADA Crypto was down 7.3%

• The bearish movement in ADA today could be attributed to the overall market sentiment following a weekend bloodbath where multiple cryptocurrencies, including ADA, experienced a 7% decline.
• Despite being highlighted as one of the top DeFi tokens to watch alongside Solana and Unilabs in anticipation of a market rally sparked by a new Bitcoin all-time high, ADA faced selling pressure.
• The positive sentiment around altcoins like ADA potentially triggering the next boom due to coins exiting exchanges may not have materialized today, leading to the bearish movement.
• While ADA is considered a passive income altcoin worth watching, today's market movement might have been influenced by profit-taking or a broader market correction impacting its price negatively.

13.05.2025 - ADA Crypto was down 5.2%

• The bearish movement in ADA today may be due to the overall weakness in the altcoin market, hindering its bullish momentum.
• Despite the introduction of Cardinal, a DeFi protocol targeting Bitcoin holders, ADA's price appears to lag behind other major cryptocurrencies like Bitcoin and Ethereum.
• The surge in cloud mining demand and increased acquisition of ADA by whales could have intensified selling pressure on the token, resulting in the bearish trend.
• The possible triangle breakout and more pronounced correction in Open Interest might have also influenced the downward trend in ADA's price today.

13.05.2025 - ADA Crypto was down 8.2%

• The bearish movement in ADA today could be attributed to the overall market sentiment affecting cryptocurrencies.
• The proposal of a significant swap into stablecoins and Bitcoin by an ADA co-founder to expand the treasury might have raised concerns among investors about potential selling pressure on ADA.
• The launch of Cardinal, a DeFi protocol for Bitcoin holders, could have diverted attention and funds away from ADA, impacting its price negatively.
• Technical analysis indicating weakness in ADA's price movement and underperformance compared to other major cryptocurrencies like Bitcoin and Ethereum might have also contributed to the bearish trend.

17.05.2025 - ADA Crypto was down 5.1%

• ADA faced a bearish trend as it declined by over 1% and 4% on different days, with pressure mounting on the token.
• The proposal by Cardano founder Charles Hoskinson to convert $100 million worth of ADA into stablecoins and Bitcoin might have contributed to the negative market sentiment.
• The announcement of a DeFi protocol called Cardinal by Cardano founder could have drawn attention away from ADA, impacting its price negatively.
• The potential triangle breakout and whales acquiring a significant amount of ADA might have added to the selling pressure, leading to the bearish movement in the market.

16.05.2025 - ADA Crypto was up 5.4%

• Despite the proposal to convert $100 million from Cardano's treasury into stablecoins and Bitcoin, ADA experienced a strong bullish movement, suggesting positive sentiment towards the long-term vision of building a diversified treasury exceeding $1 billion in stable assets and Bitcoin.
• The launch of Cardinal, a DeFi protocol that enables Bitcoin holders to access services like staking and lending, likely boosted interest and demand for ADA, contributing to the bullish movement.
• While there were bearish signs of ADA weakening in the short term, the overall bullish outlook remained strong, demonstrating resilience amidst market fluctuations and potential triangle breakouts.
• The acquisition of 310 million ADA by whales might have also played a role in the bullish momentum, showing confidence and interest from large investors in Cardano's future prospects.

26.04.2025 - ADA Crypto was up 5.0%

• ADA surged as Bitcoin regained $110K after a weekend sell-off, indicating a broader uptick in the crypto market.
• The offering of free integration of Ripple's RLUSD stablecoin by Cardano could have boosted investor confidence and interest in ADA.
• Profit-taking from Cardano and Dogecoin might have unlocked liquidity, leading smart money to flow into ADA, driving its price higher.
• Speculation around Ripple potentially buying Circle, as suggested by Cardano's founder, could have created positive sentiment around ADA and the crypto market in general.

05.05.2025 - ADA Crypto was down 5.6%

• ADA saw a significant bearish movement after the SEC postponed the decision on Cardano Exchange Traded Funds (ETFs) filings, leading to uncertainty and selling pressure in the market.
• Despite a temporary bullish turnaround, ADA's price failed to maintain momentum, reflecting cautious sentiment among cryptocurrency investors.
• The dwindling DeFi Total Value Locked (TVL) volume also played a part in ADA's bearish trend, raising concerns about the token's ecosystem and adoption.
• The bearish movement in ADA was compounded by broader market trends and profit-taking actions as traders responded to regulatory updates and market shifts.

12.05.2025 - ADA Crypto was down 5.4%

• Whales acquiring a large amount of ADA amidst a potential triangle breakout may have created selling pressure, leading to the bearish movement.
• Despite the launch of the first Bitcoin DeFi protocol, ADA's price failed to maintain its bullish momentum, indicating a lack of strong buying interest.
• The reversal from an overhead trendline and underperformance compared to major cryptocurrencies like Bitcoin and Ethereum could have contributed to ADA's downward trend.
• The stalling of ADA's uptrend below $0.70 and the steeper correction in Open Interest suggest a shift in market sentiment towards a more cautious outlook on Cardano's price potential.

10.05.2025 - ADA Crypto was up 5.0%

• Despite the launch of the first Bitcoin DeFi protocol, ADA's bullish outlook wobbled as it struggled to surpass the $0.70 mark.
• The underperformance compared to Bitcoin (BTC) and Ethereum (ETH) could be attributed to investors shifting their focus towards more established cryptocurrencies during this period of market volatility.
• ADA's recovery from the support level at $0.62 indicates some resilience in the token, but it will need to demonstrate stronger momentum to attract more investors and regain its bullish momentum.

17.05.2025 - ADA Crypto was down 6.2%

• ADA faced further losses today amidst a triangle fallout, with a decline of over 1% as pressure mounts on the token.
• The proposal by Cardano founder to convert $100 million worth of ADA into stablecoins and Bitcoin might have contributed to the negative sentiment surrounding ADA.
• The announcement of a new DeFi protocol, Cardinal, by the Cardano founder drew attention from global investors, but it seems the market was more influenced by the proposed treasury changes and overall market conditions.
• The broader market plunge in cryptocurrencies, including Bitcoin and Ethereum, due to escalating tensions in the Middle East could have added to the bearish sentiment and contributed to ADA's downward movement.