ADAboy

High Tide. Major cryptocurrencies are trading higher on Friday — Bitcoin jumped more than 6% on strong buyer demand from Coinbase, breaching the $47k level. Cardano grabs the spotlight by emerging as one of the most prominent alt gainers. The price of ADA extends its stunning week-long rally to soar more than 15% in a matter of hours, reaching a new all-time high near $2.56. Stellar performance across the altcoin market is somewhat reminiscent of the DeFi summer of ’20. The current alt season ratio remains at low levels compared to the spectacle of last summer, suggesting that there’s comparatively less profit in the BTC tank relative to the ETH market cap.