Cardano (ADA) has experienced a significant drop in price, falling to $0.5511, close to its November 2024 low.The recent tariffs imposed by the U.S. have triggered a sell-off, affecting Cardano and the broader crypto market negatively.ADA is currently priced at around $0.5574 with a market cap of $19.66 billion.Technical indicators suggest a bearish trend for Cardano, with potential support around $0.48 to $0.50 and a possible death cross formation.