Cardano (ADA) Soars 10% Daily, Bitcoin (BTC) Recovery Stopped at $70K: Market Watch

After dumping to a new local bottom of $62,500, bitcoin went on a tear yesterday, surging by over eight grand to $70,000, where it faced immediate selling pressure. Many altcoins have produced even more impressive gains over the past day, with ETH reclaiming the $2,000 level, and ADA surging by double digits to almost $0.30. BTC Tapped $70K After last week’s rejection at $70,000, bitcoin spiraled down for a few…