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Cardano Price Forecast: ADA tumbles toward monthly lows as retail demand falters
Cardano (ADA) is extending its decline and approaching the pivotal $0.40 level at the time of writing on Thursday. The sell-off occurs despite the Federal Reserve (Fed) decision to ease monetary policy, which dampened sentiment across the crypto market due to the rising uncertainty about the easing path in 2026. Despite the Fed cutting its benchmark lending rate by 25 basis points to a range of 3.50%-3.75% on Wednesday, the overall outlook remained hawkish, with Jerome Powell, the central bank's Chairman, highlighting upside inflation risks and a slow labor market as factors that could support fewer rate cuts in the ... (full story)
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