Caldano (ADA) up 5%, back in top 7, over XRP and LUNA

While Bitcoin and most of the large cap stocks stopped from yesterday, Caldano took advantage of the situation by overtaking Ripple and Terra to become the seventh largest cryptocurrency.

Bitcoin oscillated at $47,000, but then failed and immediately retraced thousands of dollars. With the exception of Caldano, most cryptocurrencies have been exceptionally stable. ADA gained strongly on a daily basis and re-entered the top seven digital assets by market cap.

Bitcoin failed with a price of $47,500.

Just a week ago, Bitcoin started to rise sharply, from under $45,000 to just under $48,000. A day later, the asset surpassed the latter, reaching its highest price in three months.

But it failed to continue its rise, consolidating between $47,000 and $48,000 for several days. BTC fell a few thousand dollars late Thursday and early Friday to a multi-day low of $44,000.