The cryptocurrency market is having a mixed start to the week as some major coins are in the green while others are bearish. Bitcoin, the leading cryptocurrency by market cap, has dropped below $81,000 and is up by less than 1% in the last 24 hours. Meanwhile, Cardano’s ADA is up by 3%, making it one of the best performers among the top 20 cryptocurrencies by market cap. ADA has dropped to the $0.2700 region on Monday after rallying over 13% the previous week. Despite the short-term pause, derivatives data show mild bullish positioning among traders. The momentum indicators also suggest that the upward move could extend in the near term if the key support levels remain intact.
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