Cardano

Bitcoin

Worldcoin

when

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The Cardano (ADA) price is facing a mild but sustained depression at a time when the broader altcoin ecosystem is printing a parabolic run. While a token like Worldcoin (WLD) has retested its all-time high (ATH) at $7.48 earlier today, Cardano is giving up its gains,&nbsp;<a href="https://coinmarketcap.com/currencies/cardano/" rel="noopener noreferrer nofollow">dropping by 0.9%</a> in 24 hours to $0.639.
This downturn is unusual for Cardano, seeing as it was one of the&nbsp;<a href="https://u.today/cardanos-ada-surges-10-founder-expresses-optimism" rel="noopener noreferrer nofollow">best-performing coins</a> in the past week. Per current market data, ADA jumped by more than 18.45% over the trailing seven-day period; over the past month to Feb. 19, the coin has recorded more than a 27% surge.
Besides its internal fundamentals, the Cardano protocol has benefited immensely from the growth of Bitcoin (BTC), riding on the correlation it has with the digital currency. Though the&nbsp;<a href="https://u.today/cardanos-ada-surges-10-founder-expresses-optimism" rel="noopener noreferrer nofollow">price of Cardano</a> has been relatively stunted for some time, the past month’s reboot has set it on another pedestal, where it is now the envy of the majority of its rivals.
From a monthly low of $0.4497, the price of Cardano soared as high as $0.6375, underscoring the potential for the digital currency to explore new horizons.
<h2 id="cardano-reboot-bitcoin-factor">Cardano reboot, Bitcoin factor?</h2>
The current price of Cardano might take the form of a building slide, but it is best described as a correction that is considered healthy. Cardano proponents like Crypto Venture Capital Founder Dan Gambardello have often considered ADA undervalued and primed for growth in the long term.
Gambardello, in a recent argument, showcased how Cardano combines the security of the Bitcoin network and the decentralization of Ethereum (ETH) to make up a balanced blockchain network that is designed to serve users in the Web3 world.
A Cardano reboot is imminent in the long term, and&nbsp;<a href="https://u.today/bitcoin-btc-to-hit-50k-after-bullish-weekly-divergence-says-top-analyst" rel="noopener noreferrer nofollow">Bitcoin’s pre-halving surge</a> is poised to play a key role.

Cardano (ADA) Bulls Capitulate Amid Incoming Altcoin Surge

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