Cardano (ADA) shoots up 17 %, Bitcoin breaks $ 17,000 after 1 month: market observation

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Von: Krypto News Österreich

After Bitcoin failed under $ 17,000 for weeks, Bitcoin finally initiated an impressive highs that led it far beyond this line.

The alternative coins also recorded remarkable profits during the day, led by Cardano, Solana, Apecoin and Atom.

Bitcoin again over $ 17,000

The beginning of the year brought something positive to the BTC bulls than the asset overcame $ 16,500 and added a few hundred dollars in the first few days. The trend continued until he faced $ 17,000 on Wednesday and Friday. Both attempts followed rejections that pushed Bitcoin south.

The weekend was calmer because BTC had made some ground and was only $ 17,000 in centimeters. From now on, the bulls finally have something to cheer, since Bitcoin was broken over this coveted level hours ago.

The upward trend brought the cryptocurrency to a four-week high of just over $ 17,250. This has driven the market capitalization of BTC to a local maximum of over $ 330 billion.

The dominance of Bitcoin compared to the old coins has suffered a difficult blow and has dropped to 39.1 % because most of them exceeded them in the last 24 hours.

btcusd. Tradingview </p> <h2> Sol, Ada shoot high </h2> <p> The alternative coins have also stagnated at a way in the past few weeks at a few exceptions. Today, however, the landscape looks very different. </p> <p> The two large cap alternatives at the top of the market run are Solana and Cardano. The former has developed pretty well since the beginning of the year, and an increase of 21 % in the past 24 hours alone has brought it to a local high of over $ 16. </p> <p> Cardano, on the other hand, rose by 17 % and reached a two -month high of over $ 0.34 </p> hours ago <p> An increase of 4 % helped Ethereum to reclaim $ 1,300 for the first time in several weeks. Binance Coin has increased by 6 % and is located north of $ 275. Rippledogecoin, polygon, OKB, Litecoin, Polkadot and Shiba Inu are also clearly in the green area. </p> <P> During the rest of the low and mid-cap alternatives, the cumulative market capitalization of all crypto-assets has increased $ 20 billion in one day and is up to $ 850 billion. </p> <p> <img class = Overview of the cryptocurrency market. Quantify crypto