Cardano’s ADA Jumps 40% to Lead Recovery in Major Cryptos; Sentiment Remains in ‘Extreme Fear’

Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts

Cardano’s ADA jumped as much as 40%, leading gains among the biggest cryptocurrencies. BNB Chain’s BNB spiked 30%, Solana’s SOL added 25%, and XRP added 22% during the Asian morning. The recovery came as bitcoin (BTC) and ether (ETH), the two largest, added over 12% each. Most of the largest cryptocurrencies rose at least 25%, with the likes of ApeCoin (APE) climbing as much as 57%.

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