Cardano\u2019s native cryptocurrency wasn\u2019t spared today as the broader cryptocurrency market sees a wave of red. The altcoin crashed by about 11% in the past 24 hours, tumbling before the pivotal level of $0.20.<\/p>\n
This follows a wave of declines throughout the past 24 hours, where the total market saw close to $2 billion worth of liquidated positions and billions removed from the market capitalization.<\/p>\n
<\/a>Source: TradingView<\/p>\n This also takes place as Charles Hoskinson, the person behind Cardano, suddenly announced that he\u2019s \u201ctaking a break.\u201d<\/p>\n I\u2019m taking a break. TTYL<\/p>\n \u2014 Charles Hoskinson (@IOHK_Charles) June 3, 2026<\/a><\/p>\n\n There is no further context \u2013 we don\u2019t know if this is just a vacation or if Hoskinson is stepping away from Cardano and the industry as a whole. That said, it doesn\u2019t seem like ADA\u2019s price action is that much influenced by the tweet \u2013 more so by the broader market decline.<\/p>\n The post Cardano (ADA) Plummets 11% Daily Below $0.2, Charles Hoskinson is Taking a Break<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Cardano\u2019s native cryptocurrency wasn\u2019t spared today as the broader cryptocurrency market sees a wave of red. The altcoin crashed by about 11% in the past 24 hours, tumbling before the pivotal level of $0.20. This follows a wave of declines throughout the past 24 hours, where the total market saw close to $2 billion worth […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-174898","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/174898"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=174898"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/174898\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=174898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=174898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=174898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>Source: TradingView<\/p>\nThis also takes place as Charles Hoskinson, the person behind Cardano, suddenly announced that he\u2019s \u201ctaking a break.\u201d<\/p>\nI\u2019m taking a break. TTYL<\/p>\n\u2014 Charles Hoskinson (@IOHK_Charles) June 3, 2026<\/a><\/p>\n\nThere is no further context \u2013 we don\u2019t know if this is just a vacation or if Hoskinson is stepping away from Cardano and the industry as a whole. That said, it doesn\u2019t seem like ADA\u2019s price action is that much influenced by the tweet \u2013 more so by the broader market decline.<\/p>\nThe post Cardano (ADA) Plummets 11% Daily Below $0.2, Charles Hoskinson is Taking a Break<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Cardano\u2019s native cryptocurrency wasn\u2019t spared today as the broader cryptocurrency market sees a wave of red. The altcoin crashed by about 11% in the past 24 hours, tumbling before the pivotal level of $0.20. This follows a wave of declines throughout the past 24 hours, where the total market saw close to $2 billion worth […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-174898","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/174898"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=174898"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/174898\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=174898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=174898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=174898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/ADAUSDT_2026-06-04_19-15-16-scaled.png\"){kind=link}