Why is Cardano (ADA) price up today?

ADA price is up 64% from its recent lows of $0.57 ahead of the first-ever White House Crypto Summit scheduled for March 7.

Cardano (ADA) has recovered strongly, bouncing 30% from March 4 low of $0.7570 to an intraday high of $0.9792 ahead of this week’s first-ever White House Crypto Summit. 

The top-ten altcoin is up 13% over the last 24 hours to trade at $0.9384 at the time of writing.

ADA/USD daily chart. Source: Cointelegraph/TradingView

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