Cardano, a prominent cryptocurrency known for its innovative blockchain technology, has recently experienced a significant decline in its market value, dropping below a crucial support level. This downturn comes amid a noticeable withdrawal of institutional investors, who have historically played a vital role in bolstering the asset's price and stability. The combination of these factors has raised concerns among traders and analysts regarding the future performance of Cardano, as market sentiment shifts and uncertainty grows within the cryptocurrency landscape.
source: https://www.coindesk.com/markets/2025/10/29/cardano-falls-below-key-support-as-institutional-investors-pull-back