Cardano Price Surge: Is It a Breakout or a Breakdown?

The cryptocurrency market reached a capitalization of over $3 trillion on Wednesday, with investors showing increased interest in altcoins. While BlackRock’s IBIT ETF saw $1 billion inflows into Bitcoin, its price remained below $95,000. 2% gains for Ethereum and Cardano marked key resistance levels being broken after a stable week. This suggests the altcoin season could be underway. Experts expect this momentum to continue with Cardano leading the way.