AD
Cardano
ADA
24 Hour Move
-1.64%
$0.28 → $0.27
Why Cardano is down 1.6% today
Analysis
Cardano (ADA) fell 1.6% over the past 24 hours as sentiment weakened following reports that ADA hit 2023 lows and erased roughly $3B in value during a broader drawdown. AMBCrypto highlighted the steep decline and the resulting fear among market participants, which likely added near-term selling pressure.
Contributing Factors (1)
#1
AMBCrypto
2 weeks ago
Cardano hits 2023 lows: How $3B loss fuels fear over ADA
The battle between conviction and fear intensifies for ADA holders.
Confidence
70%
Read source
Move Details
Asset
Cardano
Symbol
ADA
Direction
↓ Bearish
Timeframe
24 Hours
Start Price
$0.28
End Price
$0.27
Change
-1.64%
Detected
Feb 8, 2026 6:35 PM
Explanation Confidence
70%
Moderate confidence. Multiple factors may be contributing.