💥CARDANO & BTC💥
Can #cardano (ADA) hit 50 cents if #Bitcoin reclaims its all-time high?
The entire #Criptomonedas market was tinted green and most assets have seen gains. Cardano (ADA) took a hit earlier this year and fell out of the coveted top 10. Assets like Toncoin (TON) and Tron (TRX) took the lead. When the market cap of $ADA dropped to $12.13 billion, the altcoin was the 11th largest cryptocurrency.
The asset was seen to benefit slightly from the overall surge in the cryptocurrency market. Cardano experienced a 2.22% surge over the past 24 hours and was trading at $ 0.3466 at the time of writing. ADA price did not see any major momentum like the rest of the market. The asset moved from a low of $ 0.3327 to a high of $ 0.350.
Currently, Bitcoin (BTC) is leading the cryptocurrency rally. Many believe that other assets in the market will benefit from this. The Cardano market could definitely benefit from some momentum. According to data from IntoTheBlock, around 76% of the asset’s investors were drowning in losses. Only 22% of them were making money at the current ADA price.
Stay tuned, Bitcoin’s ATH is imminent and ADA price may skyrocket in the coming days!