Cardano, Bitcoin & Crypto – European Wrap 18 November
Cardano (ADA) is largely in bearish hands, trading above support at $0.45 at the time of writing on Tuesday. The downtrend builds on a bearish outlook that has weighed on the smart contracts token since July, when ADA peaked at $1.02.
Bitcoin’s falling further, down 25% from its record high of 126.2k at the start of October, dropping to a low of 89.1k today, a level last seen in April. The largest cryptocurrency has fallen in seven of the past eight sessions, a losing streak that has left it trading in the red for 2025.
Bitcoin (BTC) is trading above $91,000 at the time of writing on Tuesday, down slightly on the day but trimming some earlier losses, weighed by risk-off sentiment in the broader cryptocurrency market. Altcoins,…
