Cardano price nears $0.80 as crypto market surges
Cardano is trading at $0.76 today, up 2.16%, as investor sentiment improves on the back of positive technical signals and as Bitcoin surges to all-time highs.
After breaking through key resistance levels at $0.725 and $0.732, Cardano (ADA) is now testing the $0.76 zone, with bullish momentum supported by a MACD crossover and reclaiming of the 50-EMA, according to crypto.news data.
Bitcoin (BTC) surged to an all-time high, which could significantly drive Cardano’s price, especially with its recent integration of Bitcoin support through its Lace wallet.
This move enables BTC storage and interaction on Cardano, marking a major step in the project’s multichain strategy and unlocking new DeFi use…
