• Cardano (ADA) skyrockets by 20% as the cryptocurrency market cap approaches $2 trillion (Market Watch)

  • Bitcoin has bounced off and reclaimed $46,000 after another dip below $45,000. However, the majority of altcoins have outperformed their leader. The most visible example is Cardano (ADA), which has increased by 20% in the last 24 hours.

    ADA skyrockets by 20% as ETH reclaims $3.2 million.

    The performance of alternative coins has been quite impressive in recent days. On a weekly basis, Ethereum has increased by 30% since the London Hard Fork. ETH has risen above $3,200 in the last 24 hours, reaching a new multi-month high of over $3,240.

    Dogecoin (3 percent ), Polkadot (4 percent ), Uniswap (2.5 percent ), Solana (5 percent ), Litecoin (4 percent ), Bitcoin Cash (3.5 percent ), and Chainlink have also gained (6 percent ).

    Binance Coin is also up 9 percent following new listings in the innovation zones. As a result, for the first time in months, BNB has approached $400.

    Cardano, on the other hand, is the most impressive performer among the top ten. ADA has increased by roughly 20% in a single day and now trades at $1.77, the highest price since June 4th.

    This comes on the heels of Charles Hoskinson’s announcement that the team will announce the smart contract launch this Friday.

    The top 100 coins have a new face in the form of IoTeX. (IOTX). The asset has risen 175 percent in a single day and 340 percent in a week to $0.086.

    Axie Infinity (62%), Ravencoin (33%), Holo (30%), Helium (25%), Flow (15%), Terra (15%), Kusama (14%), IOTA (13%), and Polygon (10%) round out the double-digit price pump club.

    Finally, the total market cap of all crypto assets has increased by $60 billion in a single day and has surpassed $1.9 trillion for the first time since May.

    Bitcoin has risen above $46K once again.

    The primary cryptocurrency has also had a good few days after reclaiming $40,000 over the weekend. It reached a high of $46,800 yesterday, becoming the highest price line in over two months, but quickly retraced due to tax developments in the United States.

    In fact, it fell to around $44,600, but the bulls quickly regained control and pushed it back up. In the hours that followed, BTC gained more than $1,500 in value and surpassed $46,500 once more.

    However, bitcoin has recently corrected slightly but remains above $46,000. Its market cap has risen above $850 billion once more, but its dominance has shrunk by 1% in a single day as altcoins have surged.

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