Market Watch: Cardano Spikes 7%, Bitcoin Struggles at $56K

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Following a few unsuccessful attempts to overcome $59,000, bitcoin continues to struggle below $57,000. Most alts are untypically stable on a daily scale, aside from a 7% spike from Cardano and yet another all-time high from Terra.
ADA Jumps 7%: LUNA New ATH
The second-largest cryptocurrency came less than 1% away from registering a fresh all-time high just two days ago. However, it failed to conquer $4,800, and the subsequent rejection drove ETH to just below $4,600, where it’s currently situated as well.
Binance Coin, Ripple, and Polkadot are also slightly in the red. More substantial price losses are evident from Dogecoin (-6%), Avalanche (-8.3%), and Shiba Inu (-4%). Consequently, DOGE is close to breaking below $0.20, AVAX is just beneath $110, and SHIB stands at $0.000042.
In contrast, Cardano surged by 7% in a day and sits well above $1.6 now. Terra, on the other hand, continues with its impressive performance as of later with another 8% increase. Consequently, LUNA tapped a n

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We współpracy z: https://cryptopotato.com/market-watch-cardano-spikes-7-bitcoin-struggles-at-56k/

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