Bitcoin Stable at $42K, Cardano Skyrockets 30% Weekly (Market Watch)

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Cardano's impressive run continues with another 13% increase on a daily scale and a more notable 30% surge in the past week.

Cardano’s impressive run continues with another 13% increase on a daily scale and a more notable 30% surge in the past week.

After another unsuccessful attempt to overcome $44,000, bitcoin retraced once more and dipped below $43,000. Most altcoins are also in the red on a daily scale, while Cardano continues to chart impressive gains following a double-digit surge.Ahead of the weekend – on Friday – the primary cryptocurrency plummeted by $2,000 to a low beneath $42,000 after failing to reclaim $44,000. As the bears were trying to bring more mass pain, the bulls came out to play next.

Dogecoin has declined even more again . Thus, DOGE has continued its downtrend since the Friday hype when Teslain the past week, being roughly 30% up in this timeframe. On a daily scale, ADA has increased by 13% and stands well above $1.5.Cryptocurrency Market Overview. Source: Quantify Crypto

 

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