Bitcoin News Today: Cardano Drops 10.25% Amid Broader Crypto Selloff and Regulatory Uncertainties

Cardano (ADA) plunged 10.25% on July 13, 2025, trading at $0.8002 by 16:33 (20:33 GMT) on the Investing.com Index, marking its steepest single-day decline since July 23, 2024. The selloff pushed the cryptocurrency’s market cap to $28.7853 billion, a 70% drop from its peak of $94.8001 billion in 2021. Despite a 5.2% weekly gain, ADA’s 24-hour trading volume of $1.7091 billion reflected heightened volatility, with prices fluctuating between $0.8002 and $0.9034 in the prior 24 hours. At current levels, ADA remains 74.18% below its September 2021 high of $3.10 [1].

The decline unfolded amid broader crypto market turbulence, with Bitcoin and Ethereum also retreating. Bitcoin fell 1.53% to $117,910.7, while Ethereum dropped 4.01% to $3,557.55. Bitcoin’s dominance in the crypto market remains robust, accounting for 61.06% of the total $3,808.5 billion market cap, compared to Ethereum’s 11.21% [1]. Analysts attributed the rout to a mix of macroeconomic pressures and regulatory uncertainties, with no immediate triggers cited for the sharp selloff. The absence of significant upgrades or announcements from the Cardano ecosystem during the period further highlighted the influence of external factors, such as shifting interest rate expectations and risk-off sentiment in global markets [1].

Cardano’s governance model and upcoming upgrades have been cited as potential stabilizing forces, but their impact remains untested in a bearish climate. The cryptocurrency’s reliance on long-term adoption narratives contrasts with the short-term liquidity demands of speculative trading, leaving altcoins like ADA more vulnerable to market swings. The 10% drop underscores the fragility of investor confidence, particularly in projects that prioritize sustainability over immediate utility. While the 24-hour trading volume indicated active market participation, the lack of directional momentum suggests a wait-and-see approach from investors [1].

The sell-off raises questions about the resilience of altcoins relative to Bitcoin. Historically, Bitcoin’s price movements have acted as a barometer for crypto sentiment, but altcoins face additional headwinds from lower liquidity and higher exposure to speculative trading. Cardano’s recent performance aligns with broader sector trends, where regulatory scrutiny and macroeconomic volatility have eroded gains made earlier in the year. The absence of catalysts—whether technical, regulatory, or macroeconomic—during the selloff points to algorithmic trading activity and profit-taking by short-term holders as key drivers [1].

Investors are now monitoring whether the decline will spark a broader correction in the altcoin market or remain an isolated event. Cardano’s ability to stabilize its price will depend on both external conditions and the successful execution of its roadmap, including governance reforms and network upgrades. For now, the 10.25% drop serves as a stark reminder of the challenges facing projects that seek to balance innovation with market realities [1].

Source: [1] [Cardano Falls 10% In Rout] [https://www.investing.com/news/cryptocurrency-news/cardano-falls-10-in-rout-4149302]