Cardano (ADA) price action ADA’s ongoing rally has been attributed to rumors that the Trump administration could collaborate with the Cardano network to build a blockchain voting system.

President-elect Donald Trump and his team are reportedly seeking to introduce a new White House position for crypto policy, Bloomberg reported on Wednesday.

Solana price has succumbed to a 7% dip after rejecting the $250 resistance on Monday. Negative shifts in vital trading indicators suggest bears could delay the all-time high breakout target. 

The EUR/USD pair fell for a second consecutive week, bottoming at 1.0495 on Thursday, its lowest in over a year. The pair got to bounce at the end of the week, recovering on Friday to settle at around 1.0520.

The Pound Sterling sellers refused to give up as the US Dollar remained in command. GBP/USD eyes UK and US economic data for some relief. Technically, downside risks remain intact for the Pound Sterling on a daily bearish RSI.

The US Dollar Index clinches its seventh weekly gain in a row. Trump secured the House of Representatives, reaching a ‘Red Sweep’. The US Dollar’s gains were largely propped up by the ‘Trump trade’.

The corrective move in Gold (XAU/USD) remained well in place for yet another week, this time revisiting the $2,540 region per troy ounce, or a fresh two-month low, where some initial contention zone appears to have emerged.

Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.

With the dust from the US elections slowly settling down, the week is about to reach its end and we have a look at what next week’s calendar has in store for the markets. On the monetary front, a number of policymakers from various central banks are scheduled to speak.