Cardano, Polkadot Jump as Bitcoin Holds Above $50K

Posted on by American Coins & Gold

Cardano, Polkadot Jump as Bitcoin Holds Above K
The tokens of Cardano (ADA) and Polkadot (DOT), two rivals to the Ethereum blockchain, led gains among major cryptocurrencies amid a muted recovery in broader digital-asset markets on Monday.Bitcoin (BTC) and ether (ETH), the native cryptocurrency of Ethereum, regained price levels from Friday after seeing a slight dip over an otherwise quiet Christmas weekend. Bitcoin failed to break above the $51,000 resistance level on Saturday and fell to $49,700 on Sunday, but traders have since bought the asset back to last Friday’s $50,900 level.ADA gained 9.5% in the past 24 hours to reach a resistance level of $1.56 during European…