Why is Cardano price down today?

The price of Cardano (ADA) is down over 3% on June 19 after dropping over 30% in the previous two weeks. No respite for Cardano cost bullsOn June 19, ADA rate fell over 3% to daily lows of $0.257 as traders continued to evaluate Cardanos reference in the list of crypto properties that the U.S. Securities and Exchange Commission (SEC) thinks about “unregistered securities. ADA rate has increased more than 15% given that however stays “oversold” with the everyday relative strength index (RSI) listed below 30.

The cost of Cardano (ADA) is down over 3% on June 19 after dropping over 30% in the past 2 weeks. No reprieve for Cardano price bullsOn June 19, ADA cost fell over 3% to day-to-day lows of $0.257 as traders continued to evaluate Cardanos reference in the list of crypto possessions that the U.S. Securities and Exchange Commission (SEC) considers “unregistered securities. ADA price has risen more than 15% given that however stays “oversold” with the day-to-day relative strength index (RSI) below 30.