Why is the Cardano (ADA) Price Down Today?

Description

TL;DR Cardano (ADA) dropped to $0.82 following Trump’s executive order, with some attributing the dip to a “sell the news” reaction. Cardano’s founder, Charles Hoskinson, was not invited to Trump’s March 7 White House crypto summit, raising concerns about his role in future regulatory discussions. ADA Heads South Cardano’s native token took center stage on March 3, with its price exploding by 60% daily and reaching over $1.10. The substantial resurgence resulted from Donald Trump’s statement tha...