Cardano (ADA) Remains in Green as Market Keeps on Bleeding, Here's Why: Crypto Market Review, September 23

📆 9/23/2022 9:05 PM
📰 Utoday_en

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Thanks to regulatory uncertainty around Ethereum $ADA is able to gain some traction against $BTC and even USD

Despite the mild recovery we saw on the cryptocurrency market only a day ago, most digital assets remain in the red. Bitcoin has lost 14% of its value during one week of trading, which, however, is not a number that experienced crypto traders are afraid of.The price performance of one of the most notable assets on the market against

has been more than successful in the last few weeks and even months. The main reason behind it is the upcoming Vasil hard fork and the questionable future of Ethereum that switched off the PoW mechanism for good.From a technical standpoint, Cardano is also showing a prominent price performance, gaining over 8% to its value in the last seven days. At press time, it is breaking the upper border of the ascending triangle for the third time this month..

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Source: Cointelegraph - 🏆 562. / 51 Read more »