XRP and ADA Falling: Trump's Crypto Reserve Impact
Trump's announcement on the creation of a strategic cryptocurrency reserve, including XRP and ADA, initially drove prices up. However, criticism led to a significant drop in prices.
Cardano is a decentralised, open-source blockchain platform designed to provide a scalable, secure and efficient foundation for decentralised applications (dApps). It uses a proof-of-stake consensus mechanism called Ouroboros, which reduces energy consumption compared to traditional mining.
3 PostsTrump's announcement on the creation of a strategic cryptocurrency reserve, including XRP and ADA, initially drove prices up. However, criticism led to a significant drop in prices.
Cardano (ADA) rebounded 18% to above $0.77. Will it be able to turn $0.85 resistance into support and continue the bullish trend?
Cardano has been soaring recently, with a critical surge over the past week.
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