Reading all the crypto news from the beginning of the summer and comparing them with the todays news feels like we are living in parallel universe. Everything seems recovered and way more balanced in the Crypto Market. The Total Crypto Market Cap once again broke 2BN total before falling and finding early “support”at around 1.85bn. Bitcoin and Ethereum are the leaders in this world but it seems there is a lot to look at. In fact the ALT’s are starting to recover pretty well some of them even better than their leaders. BTC/USDT had a Great month gaining back some of the loses back to 48500 which is only -25% from its ATH and suddenly the world starts “talking”Crypto again. We all know what kind of history BTC has and we all know that 25% are reachable target, BUT is it that SIMPLE? Currently BTC/USDT is stading on 42.3k support and lets see if it will be needed. ADA/USDT (ADA/Cardano) Meanwhile the King coin has proven that can run the market by itself, ALT’s are following the lead very well. ADA showed a lot less volatility than the rest of the coins once more proving that its worth of considering a long time investment. Global search shows that more than 50% of the HODLers biggest weapon is exactly you name it ADA. Cardano came only -8% from its ATH and it looks like its aiming new one very soon. Charles Hoskinson did a great job with Cardano layerd architecture. Cardano's approach is unique in the space itself since it is built on scientific philosophy and peer-reviewed academic research.
IF ADA continues like this it will easily beat ETH's path to Glory
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