Cardano Price Analysis: Will Elon Musk Put US Treasury on ADA Blockchain?

Quick Summary:

Cardano (ADA) price remains in bearish this week as many crypto investors have embraced a cautious tone.

Bitcoin (BTC) crashed below the support at $100k and the falling fear and greed index has not helped.

But if he did that, there are chances that the Cardano price would skyrocket higher, potentially to the 61.8% retracememt point at $2.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: crispus

Category: Crypto

Markets: India

Topics: Cardano price analysis Cardano price Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 14:59:23 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 525 words

Reading Time: 3 minutes read

Sentences: 46 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25962385

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 25 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions