Bitcoin (BTC) breaks up to new highs; Cardano (ADA) up roughly 50% in a week

in #bitcoin6 years ago (edited)

BTC was hovering around $8,500/BTC for a little while and now, according to the candle chart on GDAX, it's up to over $8,800/BTC. It seems safer every time to say the correction is over. It puts all these new and breathtaking record estimates in a more plausible frame. $30,000/BTC? Not out of the question.

ADA is trailing Ripple (XRP) at a rate of about 3:1...it's been very consistent so far. It's now at $0.30/ADA, up 50% from just about a week ago. I think Cardano will steamroll over Ripple before most people know what hit them.

Feels like the entire sector is rising again. Market cap is at almost $400 billion again, halfway back up to Apple's total market cap. But it took Apple 40ish years to get there. It took Bitcoin only 9.

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