What's Hot

    Cryptocurrencies are getting cheaper because of US officials: market overview

    10.06.2023

    Binance Allocates $1 Billion to Fight SEC

    09.06.2023

    Changpeng Zhao warned Binance employees that they are being watched by US authorities

    09.06.2023
    Facebook Twitter Instagram
    Saturday, June 10
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Altcoins»Cardano has risen in price by 6%
    1639321875 2866ade35023f7c7b3f7d902a2c09f28bdb86841
    Altcoins

    Cardano has risen in price by 6%

    AdministratorBy Administrator12.12.2021No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    While Bitcoin is stagnating, Cardano (ADA) is showing growth.

    Cardano continues to increase its value

    At the moment, Bitcoin cannot yet surpass the $ 50,000 figure. The situation is similar with most altcoins. They are also stagnating. The only exception is so far only Cardano. ADA is up 6%.

    Earlier, Bitcoin showed increased volatility, repeatedly trying to overcome $ 50,000, but each time the bulls ran into fierce bearish resistance.

    For example, this Friday, after reports that the US had hit its highest inflation rate in about 40 years, Bitcoin attempted to break the $ 50,000 psychological milestone, but then rolled back almost immediately.

    As a result, Bitcoin was below the $ 47,000 mark for the third time in a week. However, then he managed to win back the fall a little, but the threshold of 50,000 remained unchanged. The asset is now priced at just over $ 49,000 and has a market capitalization of $ 950 billion.

    Cardano has risen in price by 6

    Altcoins have also been volatile over the past week. In particular, Ethereum dropped below the $ 4,000 mark several times, but then it was able to overcome this indicator. In turn, Binance Coin has increased in price by 2.5% per day, and it is $ 565.

    Avalanche and Shiba Inu also showed positive dynamics. The best performing on the market was Cardano, which rose 6% and approached the $ 1.35 mark. But Solana, Ripple, Polkadot and Dogecoin are showing negative dynamics so far. Terra has fallen in price the most. During the day, its cost has decreased by 6%. And its price has so far been less than $ 60. Low and mid-cap altcoins show significant fluctuations. Quant, Gala, NEAR Protocol and OKB saw gains of several percent on the day.

    Can Cardano hold its leading position? Much will depend on the general market situation. If Bitcoin manages to show the dynamics of growth, then the rest of the assets will rise in value. However, there are no fundamental factors yet to show that the bulls will be able to gain the upper hand. In the meantime, BTC is in stagnation, it seems that only Cardano is ready to move forward, but this trend may end quickly.




    #Cardano #risen #price

    Cardano Price risen
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    CryptoDiffer experts on the best L2 tokens in 2023

    09.06.2023

    The Zcash community will create a sustainable development fund

    09.06.2023

    Protocol Labs does not consider Filecoin a security

    09.06.2023

    PEPE up 7.5% after falling

    09.06.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Cryptocurrencies are getting cheaper because of US officials: market overview
    • Binance Allocates $1 Billion to Fight SEC
    • Changpeng Zhao warned Binance employees that they are being watched by US authorities
    • After the SEC lawsuits, there were no big capitulations in the crypto market
    • Vitalik Buterin has published a new key document Ethereum
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.