Cardano — 2026-10-04
$0.244457Down -0.13%24h
Change since the previous record
Down $0.000564 (0.23%)
- Previous record
- $0.245021 · 2026-10-03 14:07 UTC
View the previous record. Based on the two recorded prices; separate from the 24h change.
Market commentary
CoinMarketCap AI commentary (attributed, not independently verified)
Cardano is down 2.79% to $0.245 in 24h, underperforming a modestly weaker broader market primarily driven by a lack of positive catalysts and relative weakness against Bitcoin.
- Primary reason: Beta-driven underperformance as ADA sold off more than Bitcoin during a risk-off drift in the overall crypto market.
- Secondary reasons: No clear secondary driver was visible in the provided data.
- Near-term market outlook: If ADA holds above the $0.241–$0.245 support zone, it could consolidate; a break below risks a test of $0.237. Watch for a shift in broader market sentiment, especially around Bitcoin's price action.
Research details
- Confidence
- MEDIUM
- Status
- CHANGED
- Previous record source
- CoinMarketCap AI (page-embedded data, automated collector)
Evidence
CoinMarketCap price-analysis page data: US$0.244457, -0.13% (24h). Analysis title: "Latest Cardano (ADA) Price Analysis".
Verification notes
Price and 24h change were read directly from CoinMarketCap's own page data (not cross-checked against an independent feed). CMC AI's analysis text is attributed commentary, not independently verified fact; catalyst/causal claims within it require separate confirmation before being treated as fact.
Why it matters
Tracks Cardano's latest price move and CoinMarketCap AI's own stated reasoning, without independent cross-verification against a second price feed.