Cardano #ADA #Ford #Blockchain #CryptoNews

Cardano ($ADA ) just took a big hit. The price slipped 6.45% in the last 24 hours, dropping from $0.586 to $0.5464, as tensions flared in the Middle East, sparking a wave of market panic.

📉 The sharpest fall happened at 21:00 UTC, when ADA crashed 3.2% in just one hour — with trading volumes exploding 37% above the monthly average.

But here's the twist... 👀

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🚘 Ford Just Jumped Into Cardano’s World!

Yes, Ford Motor Company is now advising a legal-tech pilot built on Cardano's blockchain. 🚀

In partnership with Iagon and Cloud Court, this project explores how to securely store legal data using blockchain, combining off-chain encryption with on-chain logging.

💡 Use cases? Legal, healthcare, finance, and public administration. This is real-world utility, and it’s a big deal for long-term Cardano believers.

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📊 Quick TA Snapshot

ADA dropped 7% in a $0.041 range

Resistance forming at $0.569

Support found at $0.545

A bullish micro-channel briefly appeared — but couldn’t break above $0.558

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💰 The Bigger Picture

Despite the drop, whales are accumulating ADA. Over 310 million tokens added in June alone. And nearly $1B withdrawn from exchanges in 2024!

👉 Short-term pain, but long-term gain?

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🔁 What do YOU think? Is Ford’s entry a turning point for Cardano adoption?

👇 Share your thoughts below & don’t forget to ❤️ if you want more ADA updates!

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By Crypto_-Nova ✍️

#Cardano #ADA #Ford #Blockchain #CryptoNews