Why Polkadot, Chainlink, and Cardano Jumped Today
Cryptocurrency values surged higher on Sunday and the move continued well into Monday. As with most big crypto moves, there weren't any real fundamental changes, but there may be just a little less uncertainty in the market today than there was a few days ago.
As of 11:00 a.m. ET, Polkadot (CRYPTO: DOT) was up 10.2% in the last 24 hours, Chainlink (CRYPTO: LINK) had risen 14.6%, and Cardano (CRYPTO: ADA) was up 8.9%. Nearly every major cryptocurrency was up big and some small altcoins jumped over 25% in just one day.
Drama in the cryptocurrency industry continued over the weekend with Celsius and Three Arrows Capital potentially facing insolvency and liquidation of some of their positions. That pushed Ethereum below $1,000 and Bitcoin under $20,000 for a short while.
Source Fool.com
