Cardano surges over 15% as market reacts to Trump’s policy shifts

In the United States, Cardano has seen a significant increase of over 15% in its price within the past week. This surge is marked by the cryptocurrency breaking above its 20-day and 50-day simple moving averages for the first time in a month, with its current price resting around $0.70. Market analysts speculate that the 50-day moving average may serve as new support if any price retracement occurs. Traders are currently monitoring the 100-day and 200-day moving averages, which are situated around $0.77. A decisive break beyond the 200-day moving average could indicate the beginning of a bullish trend, a significant shift considering its current sideways movement. Recently, Cardano's price action has been heavily influenced by the broader macroeconomic environment shaped by U.S. President Donald Trump's economic policies. In recent months, ADA has undergone two noteworthy rallies. The first occurred shortly after Trump's election victory in November 2024, which raised hopes for a more cryptocurrency-friendly regulatory environment. The second rally happened in March 2025, following his announcement to include Cardano in a strategic cryptocurrency reserve. These events highlight the impact of political developments on market sentiment and Cardano's performance. Despite its technical achievements aimed at enhancing security, scalability, and sustainability, Cardano's price movements have been correlated with macroeconomic shifts. Initial fears regarding higher tariffs and inflation under Trump's presidency had depressed cryptocurrency values. However, the recent rebound aligns with Trump’s proposal to lessen tariffs on China, revealing a direct correlation between Cardano’s performance and broader economic policies. While Cardano currently rests strong above key moving averages, its future price stability will depend on underlying project fundamentals and ongoing macroeconomic conditions.