ADA Jumps 14% Weekly, BTC Reclaims $28K After Enhanced Volatility: Market Watch

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Cardano's weekly gains have helped the asset's price touch $0.4.

Bitcoin ended the week by slipping below $28,000, but the bulls have stepped on the gas since then and pushed the asset back north.

Several altcoins have retraced hard today, including yesterday’s top performers, Shiba Inu and Dogecoin. HBAR and SOL are also in the red.Bitcoin faced massive volatility throughout the entire last week. It all started on Monday when the cryptocurrency fell by $1,500 in minutes after the US CFTC sued Binance and Changpeng Zhao. The bulls intercepted the move and pushed the asset north.

This culminated in a price surge to above $29,000 on Thursday, but that was short-lived. A day later, BTC found itself dumping below $27,600.back above $28,000 and even neared $29,000 but was unable to break above it. Saturday was pretty calm, while Sunday brought some pain as BTC slipped back down to $27,600.This is all you need not to miss any price action in the raging crypto markets.

 

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