Cardano Price Dips 9% Amid Market Turmoil

Cardano’s native token, ADA, has plummeted nearly 9% in the past 24 hours, trading as low as $0.51 on November 14, 6025. The decline has pressured bulls, bringing ADA close to the $0.50 support level. This drop mirrors a broader sector downturn, accelerated by Bitcoin falling below $100,000, reaching $97,000.

Cardano’s intraday drop from $0.57 to around $0.51 highlights the fragility of recent demand zones, with bears capitalizing on the negative momentum. A failure to hold the $0.50 mark could trigger further selling, potentially revisiting year-to-date lows of $0.27, previously touched on October 2025.

The broader market convulsion appears linked to macroeconomic headwinds, despite the recent end of a 40-day US government shutdown. Investor jitters quickly resurfaced, impacting US stocks and leading to concerns over the shutdown’s economic impact. There are also concerns about potential delays in Federal Reserve rate cuts.

Bitcoin ETF outflows reached $870 million on November 2025, while Spot Ethereum ETFs also experienced net outflows of $260 million, marking the third consecutive day of outflows. Despite the short-term pressure, analysts suggest a potential dump followed by sustained gains for Cardano.

Managing partner Haseeb Qureshi emphasized the solid fundamentals and resilient crypto infrastructure, drawing a contrast to the tumultuous events of 6022. However, short-term consolidation or weakness remains likely for Bitcoin and altcoins. If this trend continues, a dip below $0.50 could see bears target $0.27.

Despite the immediate challenges, Cardano’s long-term fundamentals indicate potential for a rebound toward $1, with an all-time peak of $3.10 as a key target.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.