Cardano | Amazing Crypto

Price analysis 1/20: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB

Bitcoin price continues to drop, pushing select altcoins closer to their critical support levels.

Cardano price has doubled since the start of 2021, and the move coincides with a new all-time high in Cardano-related Twitter mentions.

Altcoins are beginning to lose bullish momentum as Bitcoin price struggles to reclaim $40,000.

Altcoins have entered a slight correction after Bitcoin’s relief rally lost steam and the price dropped below $35,000.

Cardano founder Charles Hoskinson predicts that the DeFi revolution will take place in the developing world.

Traders are shifting funds into select altcoins as Bitcoin price trades in a sideways range.

Bitcoin’s price has ridden a roller coaster on lower spot volume while options traders are ready to bet on ether FOMO.

Bitcoin’s sharp correction may not have broken its uptrend, but several altcoins have signaled that a short-term top could be in place.

Altcoins rallied strongly over the past week, but Bitcoin’s current consolidation could be a sign that the trend may reverse soon.

Traders are buying every dip and pushing Bitcoin price to new highs on a daily basis, triggering many altcoins to follow suit.