🚀 Crypto enthusiasts, rejoice! Cardano (ADA) has made a strong bullish breakout, reaching an intraday high of $0.830 and a market cap nearing $30 billion. This surge is fueled by a risk-on sentiment, with the fear and greed index at 84 and Bitcoin hitting a record $94,200.
Key drivers include:
- November seasonality, historically a strong month for crypto.
- Optimism around the incoming Trump administration and potential ADA ETF approval.
- Federal Reserve's dovish stance on interest rates.
Analysts are bullish, with projections of ADA reaching $10 long-term. What are your thoughts? Share in the comments! 📈