In the cryptocurrency industry, Bitcoin and several altcoins, including Cardano, Cronos, Ripple, and IOTA, experienced significant price surges. Cardano's surge was attributed to the possibility of it being included in the American government's crypto strategic reserves. The price surge was also supported by the formation of a bullish reversal pattern. Ripple's price surged as well, breaking out of a bearish reversal pattern and surpassing key resistance levels. Cronos experienced a surge after partnering with Crypto.com to launch a debit card transfer. However, there is a risk that the price surge is temporary and could be followed by a downward trend. IOTA formed a bullish double-bottom pattern and is likely to experience a strong breakout from a descending channel.



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