Over the course of the coming weekend, it will be rather interesting to see which – if any – of the top cryptocurrency markets can rebound. Right now, no market is inclined to note any gains, although some do their best to contain the losses. When even the Cardano price losses over 10% in quick succession, the coming days will be rather rough.
In the altcoin industry, the markets either move up with Bitcoin or perish with Bitcoin. There doesn’t appear to be any middle ground in this regard, although things are not always black-and-white either. Right now, the color red seems to dominate all of the price charts first and foremost. Cardano is, just like all other top markets, losing a lot of value in quick succession.