Cardano (ADA) is losing 6.3% to $0.8650, underperforming the broader crypto market, where Bitcoin (BTC) is down 1.8% to $111,041. The token reached resistance at $1.0000 in mid-August, briefly rising to $1.0194 before slipping in line with a wider market correction that pulled prices back to $0.8000. Investors are now focused on Nvidia’s (NVDA) upcoming Q2 2025 earnings report, as the $4 trillion market giant has the potential to influence sentiment across all risk assets, including cryptocurrencies. A disappointing release could pressure ADA back toward $0.8000, while strong results may provide the catalyst for a renewed push toward the $1.0000 level.
