Cardano price has increased by 3.5% during the Sunday market surge, trading at $0.336 and boosting a market cap to $12.7 billion. This indicates renewed buying pressure for ADA holders.
However, the sustainability of Bitcoin's price being below $55,000 could prolong the correction for the broader altcoin market, calling into question whether Cardano buyers can invalidate this bearish trend.
These factors suggest that while Cardano is currently experiencing upward momentum, its price stability remains influenced by Bitcoin's performance.
