ADA Slides 2.09% After 50-Day EMA Rejection Amid US Senate Delay, DZ Bank Listing Boosts Outlook

Cardano (ADAUSDT) experienced a 2.09% price decrease over the past 24 hours, trading at 0.4066 on Binance, with the downturn attributed to a second rejection from the 50-day EMA, reduced retail interest, and broader risk-averse sentiment linked to the postponement of a US Senate digital asset hearing. Despite positive regulatory developments, including DZ Bank listing ADA for institutional trading in Germany and progress on the US CLARITY Act, trading volume dropped about 24.9% to $706.31 million, and the market capitalization is around $14.88 billion, reflecting short-term volatility and shifting trader positions.