Cardano's price is hovering above $0.26 amid changes in policies from the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission, along with updates to exchange-traded index funds, reflecting continued pressure on digital assets. Cardano's price declined 1.86% over the past 24 hours, trading near $0.267.

Cardano's price continues to fluctuate within a support range between $0.26 and $0.27. However, overall market momentum still leans toward decline.

The global cryptocurrency market cap fell 1.26% to reach $2.41 trillion during the same period. Escalating tensions in the Middle East have disrupted global markets and driven up crude oil prices. Rising energy prices have also reignited inflationary panic and triggered heavy sell-offs in securities sensitive to interest rates.

Digital currencies declined in tandem with falling stock prices due to decreased risk appetite. Bitcoin's price maintained levels above $70,000 despite posting a slight daily loss. Ethereum's price stabilized above $2,100 after a brief corrective move. Ripple's price (XRP) also declined and remained stable above the $1.40 level.