![Is there an end in sight to Cardano’s [ADA] 15% shedding this week?](https://i.headtopics.com/images/2023/3/9/cryptoamb/is-there-an-end-in-sight-to-cardano-s-ada-15-shedd-is-there-an-end-in-sight-to-cardano-s-ada-15-shedd-1633838801905930242.webp)
Is there an end in sight for Cardano's [ADA] 15% shedding this week?
[BTC] was floundering around the $21.6k support zone. BTC’s retest of this area as support should have brought a firmer bullish reaction, one than what was witnessed over the past few hours. This could be an early signal that a wave of selling could sweep across the crypto-market once more.Source: ADA/USDT on TradingView
Instead, the sentiment has slowly shifted in favor of the sellers. The recent announcements from the Federal Reserve’s Chair fueled a ripple of fear among investors across the market. And, this ripple could grow into a torrent over March.
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