Cardano Price Forecast as ADA Loses Grip on $0.38 Level - Can ADA Reach $3 This Year?

ADA, the cryptocurrency that powers Cardano's smart-contract-enabled layer-1 blockchain protocol, is coming under selling pressure on Friday in tandem with broader cryptocurrency markets. ADA/USD was last changing hands in the $0.37s, down around 1.5% on the day, with crypto weighed by downside in US stocks and upside in the US dollar and yields in wake of a hotter-than-expected US inflation report....