Bitcoin Rebounds as Cardano Surges Nearly 11% on October 5 2026
On October 5, 2026, Bitcoin showed signs of recovery, moving closer to a key resistance level. The rebound in BTC comes amid a broader market shift, with Ethereum and XRP also making gains. XRP, in particular, managed to reclaim its 20-day moving average, a positive technical indicator for traders.
Cardano stood out with a nearly 11% surge, reflecting strong short-term bullish momentum. Sui also advanced, adding to the positive performance across major cryptocurrencies. The overall market cap remained above $3 trillion, despite a slight 0.87% drop in the past 24 hours.
Traders are advised to monitor critical technical levels, as these could have significant implications for DeFi and liquidity in both decentralized and centralized exchanges. The Ethereum gas fee dropped to 0.11 Gwei, indicating lower network congestion.