Why is the Cardano (ADA) Price Down Today?

為什麼今天的Cardano（ADA）價格下跌？

TL;DR: Cardano (ADA) fell to $0.82 following a Trump executive order, possibly due to a "sell the news" reaction. Charles Hoskinson's exclusion from a White House crypto summit raises concerns about future regulatory influence.

TL; DR：Cardano（ADA）根據特朗普的行政命令跌至0.82美元，這可能是由於“出售新聞”的反應。 查爾斯·霍斯金森（Charles Hoskinson）被排除在白宮加密峰會之外，引起了人們對未來監管影響的擔憂。

ADA's Price Dip

ADA的價格下跌

Cardano's ADA token experienced a significant price surge on March 3rd, reaching over $1.10 (a 60% daily increase) following Donald Trump's announcement of a strategic crypto reserve potentially including ADA. However, after President Trump signed the executive order focusing solely on Bitcoin, ADA's price plummeted. As some predicted, a "sell the news" event occurred, pushing ADA as low as $0.82 before recovering slightly to $0.88 (according to CoinGecko), representing a 24-hour decline of approximately 6%. Despite this drop, ADA maintains its position as the eighth-largest cryptocurrency by market capitalization (approximately $31 billion), surpassing Dogecoin.

Cardano的ADA代幣在3月3日的價格上漲了巨大的價格上漲，在唐納德·特朗普（Donald Trump）宣布可能包括ADA在內的戰略性加密儲備儲備後，其價格超過1.10美元（每天增加60％）。 但是，在特朗普總統簽署了僅關注比特幣的行政命令後，艾達的價格下降了。 正如某些人所預料的那樣，發生了“賣出新聞”事件，將ADA降至0.82美元，然後略微恢復到0.88美元（根據Coingecko的說法），約為24小時下降約6％。 儘管有這種情況，ADA還是按市值（約310億美元）的第八大加密貨幣保持了其地位，超過了Dogecoin。

Further Price Pressure: The White House Crypto Summit

進一步的價格壓力：白宮加密峰會

Another contributing factor to ADA's price decline may be the White House crypto summit on March 7th. While several prominent figures from the crypto industry, including Brad Garlinghouse (Ripple), Brian Armstrong (Coinbase), and Michael Saylor (MicroStrategy), are attending, Cardano founder Charles Hoskinson was notably absent. This is significant, as Hoskinson previously expressed his intention to collaborate with the Trump administration on cryptocurrency regulation. His exclusion could potentially hinder these efforts.

ADA價格下跌的另一個促成因素可能是3月7日的白宮加密峰會。 雖然包括布拉德·加林豪斯（Ripple），布萊恩·阿姆斯特朗（Brian Armstrong）（Coinbase）和邁克爾·塞勒（Michael Saylor）（MicroStrategy）在內的加密貨幣行業的幾個傑出人物，但Cardano創始人Charles Hoskinson顯然不存在。 這很重要，正如霍斯金森先前表示的意圖，打算與特朗普政府在加密貨幣監管方面合作。 他的排斥可能會阻礙這些努力。

Potential for Future Growth

未來增長的潛力

Despite the recent price drop, several bullish factors could drive ADA's price upward in the future. These include:

儘管最近的價格下跌，但幾個看漲的因素可能會推動ADA的價格上漲。 其中包括：

• Potential Gemini Listing: Tyler Winklevoss (Gemini co-founder) hinted at a potential listing of ADA on the Gemini exchange, which would significantly increase liquidity and accessibility.
• Potential ADA ETF: Grayscale's application to the SEC for a spot ADA ETF is pending. Approval would provide investors with easier exposure to ADA, potentially boosting demand. Polymarket estimates a 70% chance of approval before the end of 2025.

This article originally appeared on CryptoPotato.

潛在的雙子座清單：Tyler Winklevoss（Gemini聯合創始人）暗示了雙子座交易所的ADA的潛在清單，這將大大提高流動性和可及性。潛力ADA ETF：Grayscale在SEC中應用於SEC的SEC進行了Spot ADA ETF。 批准將使投資者更容易接觸ADA，並可能提高需求。 Polymarket估計在2025年底之前有70％的批准機會。這篇文章最初出現在Cryptopotato上。