The cryptocurrency market is reeling this Monday, January 19, 2026, as a geopolitical "blackmail" row between the United States and the European Union triggers The cryptocurrency market is reeling this Monday, January 19, 2026, as a geopolitical "blackmail" row between the United States and the European Union triggers

Cardano Price Prediction: ADA Slumps 6% Amid US-EU "Greenland Tariff" Crisis

2026/01/19 23:48
2 min read

The cryptocurrency market is reeling this Monday, January 19, 2026, as a geopolitical "blackmail" row between the United States and the European Union triggers a flight to safety. While the entire sector is in the red, Cardano ($ADA) has emerged as one of the hardest hit, losing over 6% of its value in the last 24 hours.

The Greenland Crisis: Why Is Crypto Crashing?

The sudden downturn follows President Trump’s announcement of a 10% tariff on eight European nations—including Germany, France, and the UK—effective February 1. The administration has explicitly linked these levies to a demand for the "purchase of Greenland," threatening to hike tariffs to 25% by June if a deal is not reached.

In response, the EU is mulling a "trade bazooka" involving €93 billion in retaliatory tariffs. This escalation has caused a massive global risk-off sentiment, sending traditional stocks and "risk-on" assets like Bitcoin and Cardano into a tailspin.

Cardano Price Analysis: ADA Breaks Critical Support

Cardano’s technical outlook has turned bearish following the broader market contagion. After starting 2026 with a rally toward $0.43, the recent dump has pushed ADA back below its 50-day Moving Average (MA).

ADA/USD 2H - TradingView

  • Key Support Levels: Traders are now closely watching the $0.345 mark, which served as a local bottom during Monday's early trading session. A failure to hold this level could see ADA retesting the $0.32 range, its multi-year floor.
  • Futures Volatility: Despite the price drop, Cardano derivatives volume exploded by over 1,200,000% on Bitmex as traders aggressively deleveraged and repositioned amidst the chaos.
  • The "Megaphone" Pattern: Long-term analysts note that ADA is currently at a "make-or-break" point within a massive megaphone pattern on the weekly chart. If it holds current levels, a recovery toward $1.32 remains a distant possibility, but a breakdown could signal a 45% crash toward $0.21.

ADA Price Prediction 2026: Consolidation or Crash?

The immediate future of Cardano depends heavily on the de-escalation of the US-EU trade war. While the network continues to mature with the "Voltaire" governance era, institutional appetite is being dampened by macro uncertainty.

Market Opportunity
Cardano Logo
Cardano Price(ADA)
$0.2723
$0.2723$0.2723
-0.18%
USD
Cardano (ADA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
Market Records Largest Long-Term Bitcoin Supply Release In History, Here’s What It Means For BTC

Market Records Largest Long-Term Bitcoin Supply Release In History, Here’s What It Means For BTC

Bitcoin has recorded what analysts describe as the largest long-term supply release in its history, coinciding with a sharp rise in leverage across derivatives
Share
Coinstats2026/02/08 07:06
Bitcoin Cash’s rally faces KEY test – Can BCH hold above $500?

Bitcoin Cash’s rally faces KEY test – Can BCH hold above $500?

On-chain activity points to improving conditions that could support further gains in Bitcoin Cash, though the outlook remains mixed.
Share
Coinstats2026/02/08 07:00