Cardano Price Analysis: Will Elon Musk Put US Treasury on ADA Blockchain?

Cardano (ADA) price remains in bearish this week as many crypto investors have embraced a cautious tone. Bitcoin (BTC) crashed below the support at $100k and the falling fear and greed index has not helped. However, ADA price may rebound if Elon Musk agrees to use Cardano network to digitize the US Treasury and other parts of the government.