Some minor bullish momentum appears to be affecting most of the cryptocurrency markets at this time. That in itself is a bit surprising, primarily because there was no indication anything of this kind would occur today. The Cardano price is trying to move up again, although it seems unlikely it will surpass Stellar in terms of market cap.

Cardano Price Tries to Crawl out of the Hole

There are many different interesting trends in the cryptocurrency world to keep an eye on. When Bitcoin moves up, alternative markets usually follow. When Bitcoin goes down, the exact same occurs but in a far more depressing manner. The current minor Bitcoin gains pay dividends for altcoins such as Cardano. This market is moving up in value, as it has successfully maintained the $0.06 level without too many problems.

Over the past few hours, the Cardano price momentum has taken an interesting turn. Following a 5.6% increase in USD value and a 5% gain over Bitcoin, things are starting to look up once again. In terms of ADA/BTC, it remains to be…

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Source: https://themerkle.com/cardano-price-turns-bullish-as-bitcoin-shows-signs-of-a-recovery/