CPI came in below expectations, reigniting the market’s hopes for rate cuts. ADA rose back to 0.1763, but whether it can hold will depend on subsequent inflows and broader macro sentiment—don’t rush into it.

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CoinNetwork
Crypto界 News: Against the backdrop of a broad market recovery, Cardano (ADA) has reclaimed the $0.1763 price level. According to CoinGecko data, ADA’s price rose 4.2% over the past 24 hours and 9.3% over the past week. This rebound is closely tied to Bitcoin (BTC) returning to the $65,000 price level, with the overall crypto market also seeing capital inflows. Analysts believe that June CPI (consumer price index) data came in below expectations, which may reignite market hopes for a Fed rate cut.
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