The ADA price rose 44% this week, bringing the month-to-date increase to 150%. The token’s market valuation has risen to $30.8 billion, making it the world’s ninth-largest digital asset, according to CoinMarketCap data.If today closes in green, ADA will have gained for five days in a row. With $1 firmly in sight, the focus is on where the ADA price might go next. According to Santiment, Cardano’s potential growth is closely tied to a crucial Bitcoin support level. Santiment noted that as long as BTC maintains a support level of around $95,000, November could see continued gains for ADA as profits continue redistributing to altcoins.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
