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Crypto

Cardano Tumbles Amid Macro Risk-Off Move Ahead of Key Events

Guavy AI Editorial Team
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Cardano's price dropped by 3.29% over the last 15 hours due to a macro and market-wide risk-off move, rather than an ADA-specific shock.

The overall crypto market saw a decisive risk-off turn ahead of two key events: the US Senate's CLARITY Act vote and the Federal Reserve's rate decision.

Bitcoin and Ethereum both traded roughly 3-4% lower over 24 hours, while the total crypto market cap fell from about $2.69 trillion to $2.59 trillion in the same period.

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