Finance

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

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

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

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.

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