A friend who’s been involved in crypto a few years wrote this to me:
‘ADA is a slow riser but will keep going. Will hopefully double again this month…
The alt market is starting to rise big time and it will go into full bull mode as long as BTC/USD stays between 8.6k and 10.6k region.
But if BTC breaks one of those levels, up or down, alts will lose value to BTC big time.
USD value of alts may stay the same or rise very slowly (in case bitcoin makes a big move).’
Does ADA follow Bitcoin as this says? Thank you.