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.