Sellers have dominated Cardano’s market in recent hours, driving ADA prices down by over 20% while testing a pivotal support at $0.667. Yet, this drop has filled a key imbalance near $0.667, potentially inviting buyers to defend the zone and spark stabilization. Furthermore, historical patterns show such levels often attract accumulators eyeing discounted entries. As […]
The post Cardano News: Analyzing how $0.667 could dictate ADA’s next move As Mutuum Finance Emerges As The Best Crypto To Buy appeared first on CoinChapter.

Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
