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Cardano price slumps under USD 1 – time to buy the dip?

Cardano’s price fell under USD 1 due to economic worries, affecting ADA and other altcoins. This decline is related to the increase in US bond yields and inflation concerns derived from recent economic data. The situation has led to cautious market behavior.

Cardano’s price volatility is significant, fluctuating between USD 0.75 and USD 1.30. Traders are cautiously waiting for the new administration’s economic policies before making MAJOR moves. Current short-term price predictions remain uncertain under these conditions.

Looking ahead to 2025, Cardano may see advantages from Bitcoin integration and regulatory changes. Such developments could positively alter market sentiment and performance. It brings potential growth opportunities for ADA, despite current economic challenges.

This is community-generated content, not advice from ONUS.
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