Cardano (ADA) is experiencing a 15% increase in the past 24 hours, making it the top gainer among the 100 largest cryptocurrencies. Other altcoins such as Flare (FLR), Injective (INJ), and Internet Computer (ICP) are also showing signs of upward momentum. The global crypto market cap currently stands at $2.55 trillion with a 24-hour volume of $134.6 billion, and Bitcoin's dominance is at 59.5%. Despite a drop in the global crypto Fear & Greed index to 72, indicating optimism in the market, there have been liquidations totaling $262 million in the past 24 hours. Cardano's recent surge has brought its price up by 27% in the past week, but it is still facing resistance at previous highs. Flare has announced a collaboration with Red Date for a decentralized identity solution, while Injective has partnered with the Artificial Superintelligence Alliance for interoperability. Other top-gaining altcoins include Cronos, Polygon, Arweave, and Drift.
- Content Editor ( invezz.com )
- 2024-11-09
Crypto wrap: Cardano climbs while FLR, INJ, and ICP ride Bitcoin’s momentum