Cardano fell below $0.15 overnight into Sunday, November 15, 2026. According to CoinGecko, ADA cost $0.1493 at 3:48 a.m. CET, or €0.1354, down 9.3 percent from 24 hours earlier. No other of t
Cardano fell below $0.15 overnight into Sunday, November 15, 2026. According to CoinGecko, ADA cost $0.1493 at 3:48 a.m. CET, or €0.1354, down 9.3 percent from 24 hours earlier. No other of the largest coins lost as much over that period. Based on what was known at that point, there was no Cardano-specific trigger: ADA fell with the whole crypto market, but more than twice as hard as bitcoin. Anyone following the Cardano price prediction now sees the price only a few percent above June's low for the year.
This article puts the day's numbers in context, shows the price levels below $0.15 and explains what liquidations and leverage in the futures market had to do with the slide. The live price is on the Cardano price page.
CoinGecko put the 24-hour high at $0.1654 and the low at $0.1429, a gap of 13.6 percent. On Kraken, ADA closed Saturday at $0.1476, after $0.1683 on Friday, a daily loss of 12.3 percent. The intraday low there was $0.1432. Market capitalisation, the price multiplied by the number of coins in circulation, dropped to about $5.6 billion. That puts Cardano 18th in CoinGecko's ranking. Over seven days the loss is 17.0 percent, over 30 days 34.9 percent.
Volume rose strongly. On Kraken, around 63.1 million ADA changed hands against the US dollar on November 14. The average over the previous seven days was about 23.3 million ADA a day. Saturday therefore brought 2.7 times an ordinary day's turnover, and on a weekend, when trading is usually quieter. High volume on falling prices shows that real selling took place. The price did not simply slip in a thin market.
Cardano's all-time high, according to CoinGecko, is $3.09, set in September 2021; the price is now 95.2 percent below it. Three more recent reference points, all based on Kraken daily closes, say more to today's investors. On January 1, 2026, ADA closed at $0.3560, so the coin has lost 58.5 percent since the start of the year. The autumn peak was the close of October 5, 2026, at $0.2705; since then the price has fallen 45.4 percent. Exactly one year ago, on November 15, 2025, Cardano stood at $0.5033, more than three times today's level.
ADA last closed lower than on Saturday on June 30, 2026, at $0.1442. The November 14 close is therefore the lowest in four and a half months.
The drop in ADA is part of a broad sell-off. Over the same 24 hours, bitcoin lost 4.1 percent according to CoinGecko and traded at around $64,700, while ether fell 5.0 percent to about $1,810. The crypto crash typically hits altcoins such as Cardano harder, because their markets are smaller and investors under stress cut their riskier positions first. A detailed answer to the question why is bitcoin falling is in our background piece.
Industry media agree on three pressures. The first is rate expectations. According to CME FedWatch, on November 14 the futures market priced an 88.5 percent probability that the US Federal Reserve will raise its key rate by a quarter point at its meeting on December 8 and 9, as Bitcoin.com reports. Higher rates make borrowing more expensive and speculative assets less attractive.
The second pressure is fund outflows. According to Farside Investors data, investors pulled around $1.07 billion out of US spot bitcoin ETFs between November 9 and 13, and $398.9 million out of the ether funds, Coinpaper reports. The third is liquidity in the crypto market: the same outlet cites the weekly report from Coinbase Institutional, according to which the combined supply of the stablecoins USDT, USDC and DAI shrank by $11.5 billion within 30 days. Stablecoins are dollar-pegged tokens that investors use to buy on crypto exchanges. When their supply shrinks, buying power is missing.
Sentiment is reflected in the Fear and Greed Index from alternative.me, a gauge running from 0 for extreme fear to 100 for extreme greed. It stood at 10 points on November 15, after 13 the day before and 20 on Friday. We summarise each day's reasons under why is crypto down.
At Cardano itself, the project added some unrest this week. On November 14, cryptoticker.io reported on comments by co-founder Charles Hoskinson, who considers the original roadmap complete; the background is in our piece Cardano falls below $0.16. Whether that debate contributed to Saturday's decline cannot be read from the price data. The timing fits the overall market better: the steepest part of the slide came in the evening, when bitcoin also slipped below $64,000.
Cardano loses more than any other large coin within 24 hours; bitcoin holds up more than twice as well.
The chart shows the 24-hour change in the largest cryptocurrencies as of 3:48 a.m. on November 15. Stablecoins and a tokenised credit holding, which have no price movement in the proper sense, are excluded. Of the remaining 19 coins, Cardano lost the most, at 9.4 percent. Litecoin and Monero followed with just over 8 percent each, and NEAR Protocol and Dogecoin with just under 8 percent. Only TRON, the exchange token LEO and Zcash held their losses below 3 percent.
For ADA holders, the gap to bitcoin is the more important figure. Over 24 hours Cardano fell more than twice as much as the largest cryptocurrency. Over seven days ADA lost 17.0 percent. The pattern is typical of downturns: crypto investors regard bitcoin as a relatively safe haven, and in times of stress capital flows out of the smaller assets first. Coins with a long losing streak such as Cardano are hit particularly hard, because many holders are sitting on losses and exit at every new sign of weakness.
A liquidation is the forced closure of a leveraged position by the exchange once the posted collateral no longer covers the losses. In a fast decline, these closures feed on each other: every long position that is sold off by force pushes the price lower and triggers the next one.
That chain reaction played out on November 14. According to Bitcoin.com, bitcoin's fall to an intraday low of $65,020 led to liquidations of around $1 billion across the crypto market within 24 hours, $382 million of them in bitcoin. Later in the evening bitcoin dropped below $64,000. According to TokenPost, positions worth more than $691 million were liquidated within an hour, $671 million of them longs and only $19.5 million shorts. Just over 97 percent of the forced closures therefore hit investors who had bet on rising prices.
None of the sources cited breaks out how much of this fell on Cardano. OKX's public market data does show how the ADA futures market has changed, however. Open interest, the value of all outstanding futures contracts, fell there from $28.7 million to $23.4 million between 3 a.m. on November 14 and 3 a.m. on November 15, a drop of 18.4 percent. Part of that is purely arithmetical, because the dollar value of the contracts falls with the price. The rest consists of closed positions, whether voluntary or liquidated.
The ratio of accounts holding long and short positions is striking. On OKX, there were 2.92 long accounts for every short account at 3 a.m. on November 14, one of the highest readings of the past 30 days. Twenty-four hours and a price loss of about 9 percent later, the figure was still 2.74. Just over 73 percent of accounts are therefore still betting on a higher ADA price. Most traders have stayed long despite the slump. If the price keeps falling, a large number of long positions is at risk. cryptoticker.io compiled this analysis itself on November 15, 2026, based on OKX's hourly figures over 30 days and Kraken's daily closes over twelve months.
Leverage multiplies the effect of every price move on the capital you put in, in both directions. With 10x leverage, a 10 percent price change moves the position by 100 percent. If ADA rises from $0.1493 to $0.1642, a 10x long position doubles its capital. If ADA falls from $0.1493 to $0.1343, that capital is gone entirely. In practice the exchange closes the position slightly earlier, because it keeps a safety margin for fees and slippage.
At 100x, a move of about 1 percent is enough. A long position opened at $0.1493 would be wiped out at roughly $0.1478, less than an ordinary trading hour's move this weekend. Cardano's 24-hour high and low were 13.6 percent apart. On paper, a long position with leverage of around 7.5x or more would not have survived the trip from the high to the low.
A short position works the other way round: it gains when the price falls and is liquidated when it rises. Anyone going short after a drop of about 9 percent is betting that the decline will continue. A sharp rebound, which often follows heavy sell-offs, can wipe out a highly leveraged short just as quickly. Precisely because so many long accounts are open, a move in the other direction can be just as violent.
A stop-loss is an order that closes a position automatically once a set price is reached. It caps the loss before liquidation kicks in. Leveraged traders also size their positions so that a loss down to the stop-loss costs only a small share of the account; 1 to 2 percent is a figure often cited. In fast markets, however, a stop-loss can be filled below the intended price, because there are no buyers between two prices. With a coin priced at around 15 cents, even a few tenths of a cent make a difference.
ADA daily closes on Kraken over twelve months: below $0.15, only the June lows remain.
The chart shows ADA's daily closes on Kraken over the past twelve months. Three levels emerge from it. The first is the close of June 30, 2026, at $0.1442, the last daily close below today's level. The second is the low for the year on a closing basis: on June 25, 2026, Cardano closed at $0.1435. The third is the lowest intraday level of the year, also on June 25, at $0.1381. Below that, the past twelve months offer no more prices from which to read where buyers stepped in.
In June and July, ADA swung for weeks between just above $0.14 and just below $0.19. Only in August and September did the price climb back above $0.20, reaching just over $0.27 in early October. That rise has now been given back in full. Whether the summer floor holds again cannot be predicted. It does, however, show where buyers were willing to step in over the summer, and it lies only 3 to 7 percent below the current price.
For context, it helps to look at bitcoin, which sets the pace in the market. How far the largest coin fell in earlier cycles is shown in our analysis how low can bitcoin go. Why the bitcoin price is currently trading below a long-term average is explained in the piece on the 200-week moving average.
If you want to buy or sell ADA, or bet on a price move, there are three routes. The simplest is to buy through a crypto exchange or broker licensed under the EU's crypto regulation, MiCA. MiCA stands for Markets in Crypto-Assets and has governed across the EU since the end of 2024 which providers may trade and hold crypto assets for clients. Kraken and OKX, for example, list ADA. Which platform charges which fees is shown in our comparison of the best crypto exchanges.
The second route is futures and perpetuals, futures contracts without an expiry date that let you trade long and short with leverage. They are offered by centralised exchanges and by the decentralised venues listed in our comparison of perp DEXs. The third route is CFDs, contracts for difference on the price, such as those that CFD brokers like XTB offer on cryptocurrencies. A CFD only tracks the price; you do not own any coins.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This article cannot and will not make a recommendation. It does help, though, to frame the situation in conditions that can be checked.
In the first scenario, the overall market calms down. Bitcoin stabilises, the wave of liquidations runs its course, and ADA holds the year's closing low of $0.1435 on a daily basis. The summer floor would then again be a zone where buyers step in, and a recovery towards $0.1683, where the price still closed on Friday, would be possible. The high long/short ratio shows that many traders are betting on exactly that.
In the second scenario, the sell-off continues, driven by further ETF outflows or sharper rate expectations ahead of the Fed meeting in December. If ADA closes below $0.1435, that would be the lowest daily close in more than a year, and the intraday low of $0.1381 is the last level from the twelve-month history. The many open long positions would accelerate such a break through forced selling. How investors in the bitcoin market deal with the same question is described in our piece should you buy or sell bitcoin. What earlier downturns show is covered in the article on the bitcoin bear market, and the conditions under which analysts expect a recovery are set out in the piece on when bitcoin will rise again.
Whatever the scenario, anyone holding ADA with leverage should check their own liquidation price against the levels above. Those holding without leverage lose money if prices keep falling, but are not forced out of the position.
Cardano is not alone on this day. Litecoin and Monero each lost just over 8 percent according to CoinGecko, Solana and Chainlink about 6 percent each, and XRP just over 5 percent. An overview of the whole day is in our crypto news on the bitcoin slide. We keep updating the latest on the crypto crash today there, and our piece on the Chainlink crash puts the same night's Chainlink slump in context. How the decline in the crypto market fits into the picture across other financial markets is shown in our overview of the stock market crash.
(As of November 15, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)
