Cardano

Wednesday

FOMO

Bitcoin charted a fresh peak of just over $94,000 yesterday but has retraced by less than a grand since then to remain above $93,000. 
Cardano has popped up to be today’s top performer from the larger-cap alt, having surged by double digits to over $0.8. 
<h2 id="btc-s-latest-peak">BTC’s Latest Peak</h2> 
The primary cryptocurrency peaked last Wednesday at just under $94,000 and started a week-long consolidation phase. It even retraced on a few occasions to under $90,000 and below $87,000. However, the bulls went back on the offensive at the start of this week with a surge to $92,000. 
After a few unsuccessful attempts to overcome that line, BTC surged above it yesterday. Moreover, it kept <a href="https://cryptopotato.com/bitcoin-btc-charts-new-all-time-high-close-to-94k-as-bull-rally-resumes/" data-wpel-link="internal">climbing</a> and broke $94,000 for the first time ever to register its latest all-time high of $90,040 (CoinGecko data). 
This came amid <a href="https://cryptopotato.com/bitcoin-reached-new-ath-and-lack-of-fomo-suggests-100k-is-next/" data-wpel-link="internal">reports</a> that the asset’s FOMO levels are still quite low, which suggests that it could be primed for even more price gains in the near future and perhaps even challenge the $100,000 line. 
As of now, BTC’s price tag means that its market cap has soared to $1.850 trillion on CG. Its dominance over the alts is also on the rise and is close to 57%. 
<figure id="attachment_371358" aria-describedby="caption-attachment-371358" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-26.png" data-wpel-link="internal"><img class="size-full wp-image-371358" src="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-26.png" alt="Bitcoin/Price/Chart 20.11.2024. Source: TradingView" width="1835" height="819" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-26.png 1835w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-26-300x134.png 300w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-26-1024x457.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-26-768x343.png 768w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-26-1536x686.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/11/BTCUSD-26-50x22.png 50w" sizes="(max-width: 1835px) 100vw, 1835px"></a>
 <figcaption id="caption-attachment-371358" class="wp-caption-text">
 Bitcoin/Price/Chart 20.11.2024. Source: TradingView
 </figcaption>
</figure> 
<h2 id="ada-on-a-roll">ADA on a Roll</h2> 
Most larger-cap alts are quite sluggish today. ETH, XRP, DOGE, AVAX, and SUI are with minor gains, while BNB, SOL, TRX, SHIB, and TON are with losses of up to 3%. 
In contrast, Cardano’s native token has resumed its recent bull run with another double-digit surge. A 13% daily increase has <a href="https://cryptopotato.com/bullish-cardano-predictions-as-the-ada-price-hits-two-year-high/" data-wpel-link="internal">pushed</a> ADA to over $0.84 for the first time in eight months. 
The other notable gainers from the larger-cap alts include LEO, XRO, BONK, and APT, with price jumps of up to 10%. 
The total crypto market cap registered a new peak of over $3.250 trillion after adding over $50 billion overnight. 
<figure id="attachment_371359" aria-describedby="caption-attachment-371359" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-20-122003.png" data-wpel-link="internal"><img class="size-full wp-image-371359" src="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-20-122003.png" alt="Cryptocurrency Market Overview. Source: QuantifyCrypto" width="1881" height="828" srcset="https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-20-122003.png 1881w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-20-122003-300x132.png 300w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-20-122003-1024x451.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-20-122003-768x338.png 768w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-20-122003-1536x676.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/11/Screenshot-2024-11-20-122003-50x22.png 50w" sizes="(max-width: 1881px) 100vw, 1881px"></a>
 <figcaption id="caption-attachment-371359" class="wp-caption-text">
 Cryptocurrency Market Overview. Source: QuantifyCrypto
 </figcaption>
</figure> 
The post <a href="https://cryptopotato.com/cardano-ada-soars-by-14-bitcoin-btc-remains-above-93k-after-new-ath-market-watch/" rel="nofollow">Cardano (ADA) Soars by 14%, Bitcoin (BTC) Remains Above $93K After New ATH (Market Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.

Cardano (ADA) Soars by 14%, Bitcoin (BTC) Remains Above $93K After New ATH (Market Watch)

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