The Cardano price has fallen due to the recent crypto market crash, which was triggered by the US-China trade war. Currently, ADA is trading around $0.65 with no upward trend.
Some investors are shifting towards faster-growing options, while others still consider Cardano a long-term project. For example, Remittix, a PayFi token, has collected over $27.3 million by selling 677 million tokens for $0.1130.
The crypto market crash, caused by escalating trade tensions between the US and China, has put pressure on the Cardano price. The crash swept nearly $19 billion off the market, with ADA dropping to as low as $0.
Cardano remains under pressure after the crypto market crash.
Author's summary: Cardano's price falls due to market crash.