Cardano’s toughest test yet? ADA sinks as projects fold

The global crypto market saw massive selling over the week. Its cumulative market cap dipped by almost 4% in the last 24 hours to stand at $2.14 trillion. Bitcoin price nose-dived to $61,000 levels, adding more pressure on the altcoins. Cardano (ADA) fell below $0.16, hitting its lowest price since December 2020. This came when...