$ADA
🌀Cardano (ADA) is down 3.48%–4.79% over the past day (sources vary), contrasting with its 7% weekly gain. Key drivers include broader crypto market jitters ahead of U.S. CPI data and profit-taking after ADA’s recent ETF-driven rally.
🔵CPI Anxiety: Investors trimmed risk exposure ahead of inflation data, dragging ADA lower with Bitcoin (-2.5%) and altcoins.
🔥ETF Decision Uncertainty: Mixed signals on SEC’s pending Cardano ETF verdict (75% approval odds) caused caution.
📊🎯Technical Pullback: ADA faced rejection at $0.84 resistance after a 75% surge since June.