Cardano breaks out vs. Bitcoin as ADA price discovery nears $2

Cointelegraph

Published May 07, 2021 08:40AM ET

Updated May 08, 2021 10:40AM ET

ADA, the native token of the Cardano smart contract platform, has joined the altcoins hitting new all-time highs this week.

ADA/USD 1-day candle chart (Binance). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView shows ADA/USD hitting over $1.70 for the first time on May 7.

ADA/BTC 1-week candle chart (Binance). Source: TradingView
Cryptocurrency market dominance chart. Source: CoinMarketCap

Continue Reading on Coin Telegraph