The US Dollar (USD) recovered most of its intraday losses and trades broadly stable on Monday, after markets digested the Supreme Court’s decision agains United States (US) President Donald Trump’s tariffs and his move to impose additional levies over the weekend.
💡 DMK Insight
The USD’s recovery signals potential volatility for ADA and other altcoins. With ADA currently at $0.26, traders should be cautious as the Supreme Court’s ruling could impact market sentiment. A stable USD often leads to stronger altcoin performance, but the uncertainty surrounding tariffs may create short-term fluctuations. If the USD continues to hold its ground, ADA could see upward pressure, especially if it breaks above key resistance levels. However, if the market reacts negatively to ongoing tariff discussions, ADA might face downward pressure, making it crucial to watch for support levels around $0.25. Keep an eye on broader economic indicators and sentiment shifts, as they could dictate the next moves in both the forex and crypto markets.
📮 Takeaway
Watch for ADA to hold above $0.25; a break could signal further downside, while stability in the USD may support a rally.






