Bitcoin picked up momentum and soared above $84,500, pulling several altcoins higher.
Cardano news
Trump is set to return to office with a new pro-crypto stance. Here’s how the top tokens have been doing since he was last in office.
ADA looks poised to rise by over 100% in early 2025 after breaking above a three-year-old resistance trendline.
Cardano founder Charles Hoskinson stated that when it comes to crypto policies in the United States, “we have to do this, and we have to get it done.”
Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels.
ADA price breaks the multimonth downtrend pushing Cardano to four-month highs, thanks to multiple macro tailwinds and favorable technicals.
Crypto markets cheered Donald Trump’s win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC’s consolidation?
ADA’s gains largely coincide with the conclusion of the fourth Cardano Summit, among other catalysts.
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.