CandleFocus Cardano emerges as a top gainer, BTC nears $80k
2024-11-10
Author: Content Editor
Cardano (ADA) experienced a significant surge, gaining bullish momentum and becoming the top gainer among the top 100 cryptocurrencies. It reached a price level of $0.594, the highest since April, and currently trades at $0.57. The market cap of Cardano reached $20 billion, making it the ninth-largest digital currency. Meanwhile, Bitcoin (BTC) continued to hit new all-time highs, reaching $79,780 and achieving a market cap of $1.58 trillion. Donald Trump's win in the popular vote and electoral college was seen as a positive catalyst for the crypto market. The global crypto market capitalization increased to $2.85 trillion, with a trading volume of $172 billion. However, the spike in trading volume and liquidations may lead to increased volatility and potential market correction.
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