Currencies

Cardano, Bitcoin & Ethereum – Asian Wrap 17 February


Cardano (ADA) price extends its rally on Monday after gaining more than 13% last week. On-chain metrics suggest a bullish picture as ADA’s long-to-short ratio reached the highest level in over a month. The technical outlook and funding rates data suggest a rally continuation, targeting 20% additional gains.

Bitcoin (BTC) has been consolidating between $94,000 and $100,000 for almost two weeks. Ethereum (ETH) price follows in BTC’s footsteps and hovers around $2,680, while Ripple (XRP) shows strength and extends its gains on Monday after rallying 14% last week.

 

Bitcoin price consolidated at $97,000 on Feb 15, down 6% within the monthly time frame, reeling under bearish headwinds from US tariff wars and rising inflation. Conversely, Gold (XAU) has increased 6% over the same time frame. As investors flock toward safe-haven assets amid an uncertain macroeconomic landscape, a real-world-asset tokenization expert offers vital market insights.




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