Cardano ($ADA) Crypto Forecast: Down 5.1% Today

What is Cardano?

Cardano (ADA) is a popular cryptocurrency known for its focus on sustainability and scalability. The overall cryptocurrency market has been experiencing volatility due to regulatory developments and market sentiment.

Why is Cardano going down?

ADA crypto is down 5.1% on Jul 4, 2025 19:01

• ADA experienced a bearish movement today, potentially influenced by market sentiment and profit-taking activities.
• The completion of the monthly rebalancing for Virtune's crypto index ETPs may have caused some portfolio adjustments, affecting ADA's price negatively.
• Despite recent developments such as SEC approval for Grayscale's ETF holding XRP, Solana, and Cardano, ADA's price outlook remains uncertain, adding to the observed bearish trend.
• ADA's price movement remained sideways within the 7-day range, reflecting a lack of significant bullish momentum and supporting today's bearish movement.

ADA Price Chart

ADA Technical Analysis

ADA News

Virtune AB ( Publ ) ( "Virtune" ) has completed the monthly rebalancing for June 2025 of its Virtune Crypto Top 10 Index ETP - the first crypto index ETP in the Nordics

Stockholm, 3rd of July 2025 - Virtune today announces the completion of the monthly rebalancing for Virtune Crypto Top 10 Index ETP, listed on Nasdaq Stockholm for both the SEK-denominated ( ISIN code SE0020052207, ticker name VIR10SEK ) and the EUR-denominated ( ISIN code SE0020052215, ticker ...

https://www.benzinga.com/pressreleases/25/07/g46244476/virtune-ab-publ-virtune-has-completed-the-monthly-rebalancing-for-june-2025-of-its-virtune-crypto-

Cardano Price Forecast: ADA recovery holds steady despite SEC halt on Grayscale GDLC approval

Cardano (ADA) price is holding steady near $0.58 at the time of writing on Thursday after rebounding nearly 8% in the previous session.

https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-ada-recovery-holds-steady-despite-sec-halt-on-grayscale-gdlc-approval-202507030414

Virtune AB ( Publ ) ( "Virtune" ) has completed the monthly rebalancing for June 2025 of its Virtune Crypto Altcoin Index ETP

Stockholm, 2nd of July 2025 - Virtune AB ( Publ ) ( "Virtune" ) today announces that it has completed the monthly rebalancing of the Virtune Crypto Altcoin Index ETP, listed on Nasdaq Stockholm and Nasdaq Helsinki ( ISIN code SE0023260716 ) .

https://www.benzinga.com/pressreleases/25/07/g46214089/virtune-ab-publ-virtune-has-completed-the-monthly-rebalancing-for-june-2025-of-its-virtune-crypto-

Grayscale ETF Holding XRP, Solana and Cardano Receives SEC Green Light

The regulator approved Grayscale's bid to convert a fund primarily focused on Bitcoin, but also holding other major cryptocurrencies, into an exchange-traded fund.

https://decrypt.co/328048/grayscale-etf-holding-xrp-solana-cardano-sec-green-light

Cardano Price Forecast: ADA eyes channel breakout as whales’ buying spree outpaces retail investors

Cardano (ADA) loses ground by 1% at press time on Tuesday, extending the 0.88% from Monday while maintaining a sideways trend between the 7-day price band.

https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-ada-eyes-channel-breakout-as-whales-buying-spree-outpaces-retail-investors-202507010545

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Cardano ($ADA) Crypto Forecast: Down 5.1% Today

Dogecoin ($DOGE) Crypto Forecast: Down 5.0% Today

Cardano Price History

24.05.2025 - ADA Crypto was up 5.8%

• ADA saw a bullish movement possibly due to the positive sentiment generated by the upcoming NIGHT token airdrop by Midnight Network, which includes ADA users.
• The profit-taking and dormant wallet activity in ADA amidst BTC's dip below $100K may have contributed to the bullish momentum as investors sought alternative assets.
• Despite recent bearish trends and whale activity offloading ADA, the overall market sentiment, possibly influenced by geopolitical tensions, shifted in favor of ADA today.
• The escalation of tensions in the Middle East following President Trump's statements may have led investors to seek refuge in ADA, contributing to its bullish movement amidst a broader market downturn.

30.05.2025 - ADA Crypto was up 5.5%

• The surge in ADA's value could be linked to the favorable reception following its integration into Coinbase's Base network. This development has expanded the practicality and reach of ADA for its holders.
• Reports of significant purchases of Cardano by large investors during a market downturn, despite apprehension among individual traders, may have bolstered overall market confidence. This surge in confidence likely escalated buying activity, consequently driving up ADA's price.
• The upcoming NIGHT token airdrop, available to users of Bitcoin, Ethereum, and Cardano, might have also played a role in elevating positive momentum for ADA. This initiative has sparked additional interest and participation within the cryptocurrency community.
• Despite prevailing market pessimism and anticipation of profit-taking among holders of various cryptocurrencies, ADA's resilience and promising advancements appear to have distinguished it and enticed investors seeking growth prospects.

30.05.2025 - ADA Crypto was up 5.2%

• The positive sentiment surrounding Coinbase's addition of Cardano to its Base network may have fueled ADA's bullish momentum, enhancing accessibility and utility for ADA holders.
• Despite the MVRV ratio turning negative and a notable increase in long liquidations, the market appeared optimistic with reports of significant whale accumulation of ADA, reflecting confidence from larger investors.
• Major cryptocurrencies like Bitcoin and Ethereum displaying profitability could have influenced a favorable market atmosphere, prompting potential diversification into altcoins such as Cardano for enhanced returns.
• A temporary decline in ADA earlier in the week likely presented a buy-the-dip opportunity, with retail investors' uncertainty offset by the moves of substantial ADA holders, ultimately driving the subsequent bullish trend.

03.06.2025 - ADA Crypto was up 7.8%

• ADA saw a strong bullish movement today, potentially fueled by positive market sentiment and investor interest in the cryptocurrency.
• The approval of a popular investment firm's ETF holding XRP, Solana, and Cardano by the regulatory body could have boosted confidence in ADA, leading to increased buying activity.
• The news of ADA eyeing a channel breakout amidst whales' buying spree and a flip in the MVRV ratio to negative could have created a bullish momentum, attracting more investors to the token.
• Despite some fluctuations in ADA's price recently, the overall market sentiment seems to be leaning towards a positive outlook for the cryptocurrency, supported by technical indicators and market dynamics.

26.05.2025 - ADA Crypto was down 5.2%

• A significant sell-off by large holders of ADA put pressure on its price, contributing to the bearish movement.
• Despite buying from these large holders, uncertainty among smaller investors played a part in the negative outlook on ADA.
• Increasing profit-taking and higher inactivity in ADA wallets further fueled the sell-off.
• The bearish sentiment across the market, influenced by profit-taking in major cryptocurrencies, likely had a spill-over effect, impacting ADA adversely.

20.05.2025 - ADA Crypto was down 5.7%

• ADA faced further losses today, extending its bearish trend from the previous day, as it traded in the red by over 1%.
• The proposal by Cardano founder to convert $100 million from the Cardano treasury into stablecoins and Bitcoin may have added selling pressure on ADA, contributing to its decline.
• The overall negative sentiment in the cryptocurrency market, triggered by escalating tensions in the Middle East following geopolitical developments, also impacted ADA and other altcoins.
• Despite the recent announcement of a revised stake pool incentive scheme by a relevant firm, optimism in ADA derivatives declined, adding to the downward pressure on the token.

20.05.2025 - ADA Crypto was down 5.1%

• Whales offloaded 230 million ADA bought this week, combined with Charles Hoskinson's proposal to convert $100 million from Cardano treasury into stablecoins, likely contributed to the bearish market movement.
• The overall negative sentiment in the cryptocurrency market, as seen with Bitcoin and other altcoins plunging due to escalating tensions in the Middle East, could have added to the selling pressure on ADA.
• Despite efforts like the revised stake pool incentive scheme by Input/Output firm, the market pressure and declining optimism in ADA derivatives seem to have outweighed positive developments, leading to further losses in Cardano's price.
• The consecutive bearish days and the uncertainty surrounding Hoskinson's investment plan may have exacerbated the risk of further decline in ADA's value.

02.06.2025 - ADA Crypto was up 5.3%

• The recent completion of the monthly rebalancing for the Virtune Crypto Altcoin Index ETP is believed to have positively influenced ADA, signaling increased interest and investment in the altcoin market.
• Following the SEC's approval of Grayscale's ETF holding XRP, Solana, and Cardano, investor confidence in ADA may have been bolstered, leading to a rise in buying activity.
• The addition of ADA to Coinbase's Base network, alongside other cryptocurrencies like Litecoin and XRP, potentially spurred a surge in demand for ADA, contributing to its price upsurge.
• A prevailing optimistic sentiment surrounding ADA, coupled with notable accumulation by whales surpassing that of retail investors, likely drove the bullish breakout, as evidenced by the negative flip in the MVRV ratio and heightened long liquidations.

04.06.2025 - ADA Crypto was down 5.1%

• ADA experienced a bearish movement today, potentially influenced by market sentiment and profit-taking activities.
• The completion of the monthly rebalancing for Virtune's crypto index ETPs may have caused some portfolio adjustments, affecting ADA's price negatively.
• Despite recent developments such as SEC approval for Grayscale's ETF holding XRP, Solana, and Cardano, ADA's price outlook remains uncertain, adding to the observed bearish trend.
• ADA's price movement remained sideways within the 7-day range, reflecting a lack of significant bullish momentum and supporting today's bearish movement.

23.05.2025 - ADA Crypto was up 7.4%

• The bullish movement in ADA today could be attributed to an upcoming token airdrop by Midnight Network, which has generated excitement among crypto users holding ADA.
• Recent profit-taking and dormant wallet activity in ADA, along with a decline in Bitcoin's price, may have shifted investors' focus towards ADA, resulting in a bullish trend.
• Despite whales offloading a significant amount of ADA, the overall market sentiment towards Cardano seems positive, especially with the revised stake pool incentive scheme announcement by Input/Output firm, contributing to the bullish movement.
• Escalating tensions in the Middle East following President Trump's threats may have also influenced the market movement, with investors seeking refuge in alternative assets like ADA amidst uncertainty in traditional markets.

23.05.2025 - ADA Crypto was up 5.2%

• ADA's recent bullish movement reflects renewed investor interest and confidence in the token, despite previous profit-taking and slow wallet activity.
• The reversal of a bearish trend, attributed to large investors selling off ADA and general market uncertainties, hints at a shift in sentiment possibly fueled by positive market outlook.
• Unlike other cryptocurrencies affected by geopolitical tensions, ADA remained resilient amidst escalating conflicts, particularly concerning remarks made by President Trump towards the Middle East.
• Despite waning positivity in ADA derivatives, today's market activity suggests that investors may be placing emphasis on the token's long-term potential and technological advancements over short-term market fluctuations.

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.