Cardano: Can ADA Hit $1, If Bitcoin Hits $100,000?
Share:
Bitcoin (BTC) has hit multiple all-time highs over the last few weeks. The original cryptocurrency climbed to a new peak of $99,486.10 earlier today and is inching closer to the $100,000 mark. BTC’s rally has also led to other assets breaking out into rallies. Cardano (ADA) also follows BTC’s trajectory, experiencing a healthy rally over the last few weeks.
ADA’s price has rallied 10% in the daily charts, 45.9% in the weekly charts, 101.8% in the 14-day charts, and 135% over the previous month. The asset’s price has also surged by 133.6% since November 2023. Cardano had slipped out of the top 10 projects by market cap but has since reclaimed the 10th spot.
Also Read: ChatGPT Reveals When Dogecoin Will Surge To A High of $1.5
Will Cardano Hit $1 If Bitcoin Reaches $100,000?
Hitting $1 from current price levels will entail a rally of about 16.28%
According to CoinCodex, BTC will continue rallying over the next few weeks. The platform anticipates the original cryptocurrency will breach $100,000 in early December. CoinCodex analysts predict BTC will trade at $100,896 on Dec. 2, 2024.
Also Read: Solana: AI Predicts SOL’s Price For November 30, 2024
CoinCodex also anticipates ADA to rally over the next few weeks. The platform predicts the asset will trade at $1.01 on Dec. 20, 2024.
Cardano (ADA) is also one of the most developmentally active blockchain projects. High developmental activity is a solid metric for a project’s future growth. If BTC hits $100,000, we may enter another bullish phase for the crypto market. Other assets may also climb to never-before-seen levels.
Also Read: Nvidia (NVDA) Stock Projected To Fall to $114
There is a lot of talk about US President Donald Trump electing a “crypto czar.” The move could lead to increased investor sentiment. Trump’s pro-crypto stance could also lead to increased fund flows for the crypto market.
In This News
Coins
$ 89.73K
-0.43%
$ 0.405
-0.61%
$ 0.137
-0.69%
$ 0.0000824
$ 0.000269
Share:
In This News
Coins
$ 89.73K
-0.43%$ 0.405
-0.61%$ 0.137
-0.69%$ 0.0000824
$ 0.000269
Share:
Read More
CMC Research Head Eyes Q1 2026 for Bitcoin, Ether, XRP, Cardano, Solana Bull Market Kickoff
Analysis company Santiment evaluated Bitcoin (BTC) and four altcoins! "Two of them are undervalued!"
Cardano: Can ADA Hit $1, If Bitcoin Hits $100,000?
Share:
Bitcoin (BTC) has hit multiple all-time highs over the last few weeks. The original cryptocurrency climbed to a new peak of $99,486.10 earlier today and is inching closer to the $100,000 mark. BTC’s rally has also led to other assets breaking out into rallies. Cardano (ADA) also follows BTC’s trajectory, experiencing a healthy rally over the last few weeks.
ADA’s price has rallied 10% in the daily charts, 45.9% in the weekly charts, 101.8% in the 14-day charts, and 135% over the previous month. The asset’s price has also surged by 133.6% since November 2023. Cardano had slipped out of the top 10 projects by market cap but has since reclaimed the 10th spot.
Also Read: ChatGPT Reveals When Dogecoin Will Surge To A High of $1.5
Will Cardano Hit $1 If Bitcoin Reaches $100,000?
Hitting $1 from current price levels will entail a rally of about 16.28%
According to CoinCodex, BTC will continue rallying over the next few weeks. The platform anticipates the original cryptocurrency will breach $100,000 in early December. CoinCodex analysts predict BTC will trade at $100,896 on Dec. 2, 2024.
Also Read: Solana: AI Predicts SOL’s Price For November 30, 2024
CoinCodex also anticipates ADA to rally over the next few weeks. The platform predicts the asset will trade at $1.01 on Dec. 20, 2024.
Cardano (ADA) is also one of the most developmentally active blockchain projects. High developmental activity is a solid metric for a project’s future growth. If BTC hits $100,000, we may enter another bullish phase for the crypto market. Other assets may also climb to never-before-seen levels.
Also Read: Nvidia (NVDA) Stock Projected To Fall to $114
There is a lot of talk about US President Donald Trump electing a “crypto czar.” The move could lead to increased investor sentiment. Trump’s pro-crypto stance could also lead to increased fund flows for the crypto market.
In This News
Coins
$ 89.73K
-0.43%$ 0.405
-0.61%$ 0.137
-0.69%$ 0.0000824
$ 0.000269
Share:
In This News
Coins
$ 89.73K
-0.43%$ 0.405
-0.61%$ 0.137
-0.69%$ 0.0000824
$ 0.000269
Share:
Read More
CMC Research Head Eyes Q1 2026 for Bitcoin, Ether, XRP, Cardano, Solana Bull Market Kickoff