When the Bitcoin momentum sours a bit, one has to wonder if the alternative markets will see bearish or bullish pressure. During the weekend, the momentum can easily swing either way for altcoins, tokens, or assets. As far as the Cardano price is concerned, there is still a lot of initial promise. Its most recent gains are also interesting to take note of at this time.
Cardano Price Momentum Continues
Traders who have kept a close eye on the altcoin markets in recent weeks may have noted some interesting trends are taking shape. While Cardano is not known for its major pump cycles or steep gains out of the blue, the market seems to be moving up slowly and surely. Even today, this is one of the few top 10 markets in the green, which further confirms the demand for ADA is not drying up just yet.
To put this in perspective, the Cardano price has gained another 4.3% in both USD and BTC alike. This brings the value to $0.061958 or 1,543 Satoshi. A lot of traders and speculators will be quite happy with this trend, although it is…