Currency Economy

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

Cryptocurrency26 minutes ago (May 07, 2021 10:20AM ET)Cardano breaks out vs. Bitcoin as ADA price discovery nears $2

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

Cardano (ADA), the native token of the smart contract platform of the same name, 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 showed ADA/USD hitting over $1.70 for the first time on May 7.ADA/BTC 1-week candle chart (Binance). Source: TradingviewCryptocurrency market dominance chart. Source: CoinMarketCap

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