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Cardano's ADA drops below $0.20 as Bitcoin falls under $80,000 amid steady US interest rates.

Market News
29 Oct 2026, 07:42 WIB
Tokenpost
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Bearish
Cardano's ADA drops below $0.20 as Bitcoin falls under $80,000 amid steady US interest rates.

Cardano's ADA price fell below $0.20, reaching $0.1978, down over 4% in 24 hours, while Bitcoin dropped below $80,000 to $79,685.86, down 1.41%. This occurred after the US Federal Open Market Committee (FOMC) decided to keep interest rates steady at 3.75% to 4.00%, citing persistent inflation. The decision reflects cautious monetary policy amid inflation concerns, impacting cryptocurrency prices. Investors will watch for future FOMC moves and inflation data for market direction.

Cardano's ADA is trading at Rp3,625 on Pluang, down 3.41% as of Oct 29, 2026 12:02 WIB, with a market cap of Rp131.98 trillion and a 24-hour volume of Rp6.29 trillion. This decline aligns with the article's note of ADA falling below $0.20, reflecting ongoing market reactions to the US Federal Reserve's decision to hold interest rates steady. On Pluang, the order activity shows a strong sell bias at 72%, indicating cautious sentiment among investors.

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