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Cardano’s native token took the recent market-wide crash worse than many tokens, as its price dumped from over $0.82 to under $0.6, which meant a 30% decline within a week or so.
It defended the $0.6 support and jumped to $0.65 during the weekend as the entire market saw a relief rally.
However, the landscape changed about an hour ago when US President Trump confirmed the much-anticipated news about a crypto reserve in the States. Moreover, he named three cryptocurrencies that will be included in it – XRP, SOL, and ADA.