Cardano’s pricing is following in the footsteps of other big cryptocurrencies such as Ethereum and Bitcoin. There are no substantial positive tailwinds to break current selling sentiment, and buyers do not appear to be interested in going long from current levels.
SafeMoon is down 2% in early US trading, hovering just above the last major immediate support level of $0.00000260. However, at the time of writing, the contentious token is up 2% against Bitcoin and 6% against Ethereum.
Last week’s announcement by Bank of America that Bitcoin futures would be accessible to clients was a much-needed breath of fresh air for the cryptocurrency markets. It improved mood, as BTC rebounded from $31,584.74, a key mark reached on June 25./n
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