Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Cardano (ADA) Price Recovery to $1 Unlikely As Whales Retreat

Cardano (ADA) Price Recovery to $1 Unlikely As Whales Retreat

CryptoNewsNetCryptoNewsNet2025/01/02 22:55
By:coingape.com

Cardano (ADA) price surged by 10% in 24 hours, showing signs of a potential bullish trend for 2025. The recovery follows late 2024 gains as broader crypto markets stabilize. However, reaching the $1 mark may face hurdles, with declining whale activity raising concerns. Bitcoin’s climb above $97,000 has boosted market sentiment, contributing to recovery. Cardano’s future momentum depends on growing investor confidence and reduced selling pressure from major holders.

2

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!