ADA drops 5.23% to $0.194 after CLARITY Act fails in Senate
- —ADA trades below its SMA-5, SMA-10 and SMA-20, with RSI at 42.9
- —Daily volume of $498 million is 1.34% below the 30-day average
- —30-day return remains positive at +11.82%
- —ADA has lost 93.73% from its high of $3.09 (September 2021)
Why it matters: The CLARITY Act's failure prolongs regulatory uncertainty for altcoins and delays potential ADA ETFs.
Source: DiarioBitcoin