The Cardano price has fallen due to the recent crypto market crash, wiping out billions of dollars in value amid a fresh US-China trade war. Currently, ADA is trading around $0.65 with no upward trend.
Some investors are shifting towards faster-growing alternatives, while others continue to 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.
Following the massive cryptocrash triggered by escalating US-China trade tensions, the Cardano price remains under pressure. The crash swept nearly $19 billion off the market, with ADA dropping to as low as $0.
Investors are looking for the next crypto to surge.
Author's summary: Cardano price falls amid crypto market crash.