Cardano faced a sharp decline in spot flows within a few hours on Friday as the broader crypto market remained in negative territory. Most major cryptocurrencies from the top 100 traded lower, with losses ranging from 1% to 11% during the day. ADA, the native token of Cardano, dropped 4.60% over the past 24 hours to $0.166. The decrease came amid strong selling pressure, with traders reacting to continued weakness across digital assets.