Today: 31 March 2026
Bitcoin or Cardano? Fresh $1,000 Crypto Calls Swing to Bitcoin as Ethereum Stays in Play
10 March 2026
2 mins read

Bitcoin or Cardano? Fresh $1,000 Crypto Calls Swing to Bitcoin as Ethereum Stays in Play

NEW YORK, March 10, 2026, 11:25 EDT

Retail-crypto chatter from the past two days has leaned in favor of Bitcoin for putting $1,000 to work, leaving Cardano lagging in recommendations. Ether, though, still got a nod for long-term investors in a separate March 5 opinion piece. On Tuesday, Bitcoin hovered close to $71,255, Ether was roughly $2,069, and Cardano traded near $0.27. Yahoo Finance

This round of analyst calls comes just after a volatile macro backdrop sent crypto markets whipsawing—investors rotated hard into the largest, most liquid tokens. Spot bitcoin ETFs pulled in a net $167.1 million on March 9, bouncing back from hefty outflows of $227.9 million and $348.9 million on March 5 and March 6. Reuters tracked bitcoin circling $70,000, with oil prices falling and the dollar losing ground. Farside Investors

In a piece published Sunday on Nasdaq, Motley Fool’s Alex Carchidi pointed out that both bitcoin and Cardano slid nearly 27% over the previous month. The article made the case for bitcoin, citing its capped 21 million supply and the easier path for investors via spot ETFs. Cardano, though pitched as a smart-contract platform—where code self-executes on the blockchain—still lags with just about $121 million in total value locked and only around $37 million in stablecoins backing its network. Nasdaq

The Motley Fool’s Tuesday column—also published by Yahoo Finance—leaned in on the bitcoin argument. The piece claimed over 95% of bitcoins are already out there, with just around 450 new coins minted daily, and noted that U.S. spot ETFs control about 1.2 million bitcoin. It also contended the token was sitting at or under miners’ production costs. Yahoo Finance

Back on March 5, the same author took a different angle on Ether, pitching it as the more obvious long-term bet. The argument? Ethereum underpins nearly $55 billion in decentralized finance—lending, borrowing, and trading apps that cut out banks—while Solana trails far behind with under $7 billion. That column also pegged Ethereum’s stablecoin tally at roughly $159 billion, accounting for more than half the entire market. The Motley Fool

Opinions remain split among market watchers. David Morrison, senior market analyst at Trade Nation, pointed to bitcoin’s “surprising resilience” even as broader markets came under pressure. CoinDesk cited macro strategist Mark Connors, who argued that a drawn-out U.S.-Iran conflict might ultimately benefit bitcoin, should increased war spending, rising debt, and lower rates drag down the dollar over time. Trade Nation

Still, risks remain. ETF inflows only recently flipped back to positive, following two sharp outflow days, and another move higher in oil prices or renewed risk aversion could put pressure on bitcoin once more. Cardano might recover if developer momentum actually translates to genuine user demand. As for Ethereum, those much-discussed upgrades promised for this year are still on the to-do list. Farside Investors

Recently, retail voices have pulled back from the sweeping optimism of earlier cycles. In a jumpy market, arguments favor bitcoin for its scarcity, scale, and liquidity, while ethereum’s real-world usage stands out. Cardano, though, remains on the hook to show it can actually convert features into a user base. Nasdaq

Stock Market Today

  • Labrador Iron Ore Royalty (TSE:LIF) Stock Dips Below 200-Day Moving Average
    March 31, 2026, 4:00 AM EDT. Labrador Iron Ore Royalty Co. (TSE:LIF) shares fell below their 200-day moving average of C$29.50 on Monday, dipping to C$28.45 before settling at C$29.00. The stock traded 315,917 shares amid mixed analyst sentiment. TD Securities lowered its price target to C$29.00 with a 'hold' rating, while Scotiabank raised its target to C$30.00. The company's market capitalization stands at C$1.86 billion, with a price-to-earnings ratio of 18.47 and a beta of 0.33. Labrador Iron Ore reported quarterly earnings of C$0.35 per share on revenues of C$39.46 million, maintaining a strong net margin of 60.64%. The firm's revenue comes entirely from its equity stake and royalties from Iron Ore Company of Canada, which operates a major mine in Newfoundland and Labrador.
Goldman Sachs Pitches Hedge Funds New Swap Trade to Bet Against Software Loans Amid AI Fears
Previous Story

Goldman Sachs Pitches Hedge Funds New Swap Trade to Bet Against Software Loans Amid AI Fears

Coherent Corp Stock Jumps Again as S&P 500 Entry Extends Nvidia-Backed AI Optics Rally
Next Story

Coherent Corp Stock Jumps Again as S&P 500 Entry Extends Nvidia-Backed AI Optics Rally

Go toTop