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Cardano Eyes Bullish Comeback Amid New Institutional Talks

Summary by The Crypto Basic
Cardano (ADA) has broken a local trendline and is eyeing a recovery above $0.72. Growing institutional interest and rising open interest in derivatives suggest a potential breakout to $0.837. As altcoins gradually regain momentum, Cardano appears poised for a bullish comeback this week. On Wednesday, ADA gained nearly 1%, triggering a trendline breakout on the
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The Crypto Basic broke the news in on Wednesday, June 4, 2025.
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