Cardano s price surge could last for a while By Luke Lango, InvestorPlace Senior Investment Analyst May 14, 2021, 11:46 am EDT May 14, 2021
The red-hot cryptocurrency market has cooled off over past the 48 hours after one of the industry’s biggest and most well-known supporters
Tesla (NASDAQ:
Bitcoin (CCC:
BTC-USD) payments for Tesla cars on worries that Bitcoin mining is bad for the environment. The news sent Bitcoin prices plummeting, as well as many other cryptocurrencies like
Ethereum (CCC:
ETH-USD), which, in recent weeks, surged while BTC flatlined. But one cryptocurrency kept rallying amid all the turmoil:
Cardano (CCC:
Source: Grey82 / Shutterstock.com
The Cardano price reached a high point of $2.10 Thursday, while household names Ether and Bitcoin gave back double-digits at points, dropping to the $3500 level and $46,800 level, respectively.