{"id":43463,"date":"2025-02-11T09:52:02","date_gmt":"2025-02-11T09:52:02","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=43463"},"modified":"2025-02-11T09:52:02","modified_gmt":"2025-02-11T09:52:02","slug":"cardano-explodes-by-double-digits-bitcoin-taps-98k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=43463","title":{"rendered":"Cardano Explodes by Double Digits, Bitcoin Taps $98K (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s price has shown some more positive movements over the past several hours as the asset jumped above $98,000, but it is struggling to maintain that level now.<\/p>\n

In contrast, many altcoins have posted impressive price gains within the same period, with ADA leading the pack following a 15% surge.<\/p>\n

BTC Taps $98K<\/h2>\n

After the massive volatility experienced<\/a> at the start of the previous week, which took bitcoin from over $102,000 to under $92,000, back to $102,000, and down to $96,000, the cryptocurrency has calmed and has remained within a tight range.<\/p>\n

It saw another attempt to overcome the $100,000 mark on Friday but was quickly halted in its tracks. The subsequent rejection pushed it south to $96,000, where it spent most of the weekend.<\/p>\n

Monday began with a price slip to $95,000, but the bulls managed to defend<\/a> that level. BTC bounced off and headed toward $98,000 but failed to breach it. It jumped to just over it earlier today but doesn\u2019t seem capable of retaining that level as of now.<\/p>\n

Its market capitalization has risen to $1.945 trillion on CG, while its dominance over the alts has taken a big hit. The metric is down below 58% after peaking at 58.7% yesterday.<\/p>\n

<\/a>BTCUSD. Source: TradingView<\/p>\n

ADA on the Run<\/h2>\n

The positive news regarding potential approvals of ETFs has impacted numerous altcoins lately. Litecoin continues to gain traction after yesterday\u2019s surge and is now up by another 10%, which has pushed it to almost $130.<\/p>\n

Today\u2019s star, though, is Cardano, as its native token has soared<\/a> by 15% and sits at $0.8 after Grayscale\u2019s ETF filing. SUI has also surged by double-digits since yesterday and now trades above $3.5.<\/p>\n

The other notable gainers from the larger-cap alts include BNB, DOGE, AVAX, and XLM. PEPE has added 9% of value and is above $0.00001.<\/p>\n

The total crypto market cap has increased by $60 billion overnight and is north of $3.360 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

The post Cardano Explodes by Double Digits, Bitcoin Taps $98K (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price has shown some more positive movements over the past several hours as the asset jumped above $98,000, but it is struggling to maintain that level now. In contrast, many altcoins have posted impressive price gains within the same period, with ADA leading the pack following a 15% surge. BTC Taps $98K After the […]<\/p>\n","protected":false},"author":0,"featured_media":43464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-43463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/43463"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43463"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/43463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/43464"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}