{"id":15954,"date":"2025-11-13T20:36:27","date_gmt":"2025-11-13T20:36:27","guid":{"rendered":"https:\/\/bitunikey.com\/news\/cardano-price-risks-dip-below-0-50-as-altcoins-see-red\/"},"modified":"2025-11-13T20:36:33","modified_gmt":"2025-11-13T20:36:33","slug":"cardano-price-risks-dip-below-0-50-as-altcoins-see-red","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/cardano-price-risks-dip-below-0-50-as-altcoins-see-red\/","title":{"rendered":"Cardano price risks dip below $0.50 as altcoins see red"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Cardano price fell nearly 5% to trade at $0.52, putting bulls under pressure near the key level of $0.50 amid a broader altcoin market downturn.<\/p>\n<div id=\"cn-block-summary-block_ba53f7c33db7aeabfd79ef287f8922ca\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Cardano dropped to near $0.50 as Bitcoin dipped below $100,000.<\/li>\n<li>Stocks also fell, with sentiment hit despite end of the U.S. government shutdown.<\/li>\n<li>ADA price hit lows of $0.27 in October but bounced and recently traded at $0.60.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Cardano, one of the top 10 cryptocurrencies by market cap at the time of writing, saw its native token fall sharply as altcoins mirrored Bitcoin\u2019s crash to below $99,000 on Thursday.\u00a0<\/p>\n<p>As the broader crypto market reacted negatively to Bitcoin (BTC) crashing below the critical $100,000 level, Cardano (ADA) followed suit. The altcoin dropped from intraday highs of $0.57 to $0.52, with bulls unable to defend the $0.56 and $0.54 demand reload zones.<\/p>\n<p>Declines on the day see bears extend losses from highs of $0.60, and have buyers at risk of revisiting the psychologically important $0.50 mark. Notably, this level recently served as a buffer when cryptocurrencies also crashed on November 4. Previously, the mark served as a bounce-back zone for Cardano\u2019s price in June and July.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Cardano price chart.Source: crypto.news<\/figcaption><\/figure>\n<p>ADA touched its year-to-date lows of $0.27 on October 10.<\/p>\n<p>By dropping towards the half-dollar mark, the token risks pressure that could push it to this level. However, a rebound will steady the bulls and allow for a retest of recent highs.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Cardano price dips as markets turn red<\/h2>\n<p>The end of the U.S. government shutdown provided a brief upside boost for cryptocurrencies and stocks. Comments by SEC chair Paul Atkins about crypto token taxonomy and the rollout of spot XRP exchange-traded funds were also positive developments.\u00a0<\/p>\n<p>However, U.S. stocks <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-sp-500-nasdaq-sink-as-wall-street-eyes-fallout-from-us-shutdown-232101043.html\" target=\"_blank\" rel=\"nofollow\">plunged<\/a> sharply amid investor jitters around the impact of the longest shutdown in history. With the Federal Reserve\u2019s path of interest rates, the odds of a rate cut in December fell, and stocks crashed. As the S&amp;P 500 fell 1.5%, the Dow Jones Industrial Average shed over 600 points, and Bitcoin slumped to a low of $98,205.<\/p>\n<p>Bitcoin holds near $99k at the time of writing, and the broader macro conditions suggest short-term weakness or consolidation.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cardano price fell nearly 5% to trade at $0.52, putting bulls under pressure near the key level of $0.50 amid a broader altcoin market downturn. Summary Cardano dropped to near&hellip;<\/p>\n","protected":false},"author":1,"featured_media":989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15954"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15954\/revisions"}],"predecessor-version":[{"id":15955,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15954\/revisions\/15955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/989"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}