Prev Arrow Cryptocurrencies

Cardano ($ADA) Crypto Forecast: Down 8.2% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Cardano?

Cardano (ADA) is a popular cryptocurrency token known for its focus on sustainability and scalability in the blockchain space. The overall market for cryptocurrencies has been volatile, with investors closely monitoring developments in various projects.

Why is Cardano going down?

ADA crypto is down 8.2% on Jun 13, 2025 14:37

  • 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.

ADA Price Chart

ADA Technical Analysis

ADA News

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

0 News Article Image 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

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

Cardano Price Forecast: Whales acquire 310 million ADA amid potential triangle breakout

Cardano (ADA) shows weakness as it reverses from an overhead trendline of a triangle pattern. The altcoin edges lower by over 1% at press time on Thursday, fueling a steeper correction in its Open Interest (OI).

https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-whales-acquire-310-million-ada-amid-potential-triangle-breakout-202506120715

2 News Article Image Cardano Price Forecast: Whales acquire 310 million ADA amid potential triangle breakout

Cardano Price Forecast: ADA’s bullish outlook wobbles despite launch of first Bitcoin DeFi protocol

Cardano’s (ADA) uptrend has stalled below $0.70 after staging a recovery from support at $0.62, seemingly underperforming other major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH).

https://www.fxstreet.com/cryptocurrencies/news/cardano-price-forecast-adas-bullish-outlook-wobbles-despite-launch-of-first-bitcoin-defi-protocol-202506101251

3 News Article Image Cardano Price Forecast: ADA’s bullish outlook wobbles despite launch of first Bitcoin DeFi protocol

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 6.4%

  • The bearish movement of ADA today may be linked to the negative sentiment prevailing in the cryptocurrency market, with various altcoins such as Dogecoin, XRP, and ADA experiencing a 7% decrease during the recent weekend.
  • Speculation regarding altcoins leaving exchanges, potentially leading to increased interest in other cryptocurrencies like Ether, XRP, Solana, and Cardano, could have prompted investors to reallocate their investments, resulting in a sell-off of ADA.
  • Though ADA has been identified as an undervalued cryptocurrency poised for growth, today's price drop might be attributed to traders seizing profits after prior holdings.
  • While Charles Hoskinson's emphasis on community support for Bitcoin and Dogecoin is positive, its direct impact on ADA's bearish movement today seems less significant compared to broader market trends and the dynamics of altcoins.

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.

23.04.2025 - ADA Crypto was up 6.0%

  • ADA's price surge is linked to positive developments and market sentiment, such as its potential to support DeFi ecosystems for different cryptocurrencies.
  • The successful surpassing of the $1 breakout zone and $0.80 mark indicates strong bullish momentum and growing investor confidence in ADA's future.
  • Despite initial concerns regarding alleged $600M ADA misuse and significant Bitcoin integration, the positive advancements have overshadowed any negative impact, contributing to ADA's significant growth alongside Litecoin and other cryptocurrencies.

23.04.2025 - ADA Crypto was down 5.1%

  • The bearish movement in ADA could be attributed to profit-taking by investors after a period of bullish momentum.
  • The focus on Cardano as an undervalued crypto set to skyrocket and the potential for a price surge to $13 might have created unrealistic expectations, leading to a market correction.
  • Altcoins exiting exchanges could have triggered a shift in focus towards other cryptocurrencies, impacting ADA's price negatively.
  • Despite positive remarks on community strength, market sentiment, and technical factors likely played a bigger role in ADA's bearish movement today.

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.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.