📢🚨🔥🔥#Cardano #ADA
♦️The price of Cardano approaches the level of 1 dollar after a rise of 13%
✅Cardano (ADA) has continued to record regular daily gains since September 7, with the price rising to 0.954 dollars this Saturday morning, approaching the level of 1 dollar for the first time in months.
✅This momentum comes amid a wave of optimism in the markets after the release of US inflation data that bolstered expectations for an anticipated rate cut by the Federal Reserve.
✅The annual consumer price index rose to 2.9% in August, while the core inflation rate reached 3.1%, which supported investors' appetite for high-risk digital assets, including Cardano.
✅According to analyst “Ali”, whales accumulated more than 20 million ADA in just 24 hours, reflecting strong buying pressure that contributed to pushing the price higher.