Cardano down 75% vs. Bitcoin 2 years after Charles Hoskinson questioned BTC longevity
After breaking below a lifetime support level, ADA’s price versus Bitcoin could drop by another 25% in the coming months.
Cardano (ADA) prices have not reacted positively each time in recent years after Charles Hoskinson mentioned something negative about Bitcoin (BTC).
Notably, the ADA/BTC trading pair has declined by 75% almost two years after Hoskinson questioned Bitcoin’s survivability in an interview with Cointelegraph.
During the October 2022 conversation, Hoskinson argued that BTC should not be used on the Bitcoin blockchain network but on faster blockchains like Cardano or Ethereum as a wrapped asset.
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Author: Yashu Gola
