Today $BTC market will be down 1% | Randall Chiapetto XWvu on Binance Square

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Today $BTC  market  will be down 1%

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BTC

97,291.45

-4.49%

79

0

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today BTC price will be increase $BTC

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Crypto Crash Hits Cardano Hard – Can ADA Hold $1 and Start 2025 Strong? The latest crypto market crash has hit Cardano ($ADA ) hard, but the worst might already be over, and bulls will be hoping that the cryptocurrency is still headed for a positive start to 2025. Cardano ($ADA ) cratered as low as $0.76 on Friday, taking its pullback from recent highs to more than 40% at the time. The Fed triggered a major stock and crypto market sell-off when they issued more-hawkish-than-expected guidance for only two additional rate cuts in 2025 on Wednesday. Since the Fed’s bearish meeting, ADA futures positions worth nearly $20 million have been liquidated, per coinglass.com. However, Cardano’s strong recovery from intra-day lows in the $0.76 area to around $0.95, which has seen ADA also reclaim its 50DMA, suggests the worst might be over. $ADA is currently on course to close out a bullish hammer candlestick for this session. And with macro set to take a back seat into the year’s end, with no further major US economic data releases or Fed events, focus is likely to return to bullish “adoption” talking points. And Cardano has a few highly bullish narratives running in its favor right now. Here is why the price is likely to reclaim $1.0 and start 2025 on the front foot. Remember, this is not a financial recommendation, cryptocurrency investments are speculative, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance. Thank you for reading. #MarketPullback #MarketPullback

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