Cardano Rebounds from June Plunge to Outshine Bitcoin

After plummeting 38% in June, Cardano (ADA) rebounded on July 1 to regain the $0.150 level, rising 4% for the day.

The rebound came after Cardano's price had been trading sideways near a key support level around $0.140 for several days.

Notably, ADA/BTC has been showing stronger momentum than bitcoin, with a three-session winning streak that saw it gain 3.66% on July 1.

This performance is unusual, as when bitcoin falls, major altcoins often weaken as well.

The market is watching whether this move can become a starting point for another upward attempt rather than just a technical rebound.