Crypto assets have seen slight gains in recent days. Bitcoin is now reportedly trading above $5.5k. And as we all know, BTC is always the catalyst for an overall market bullish trend. Now a critical analysis of the charts for Cardano (ADA), Bitcoin Cash (BCH) and Tezos (XTZ) shows that the three digital assets may have attained news highs in the last 24 hours.
As Bitcoin (BTC) is now trading above the $5500 mark, there are also three altcoins that have become the hottest players in today’s digital asset market. These coins include ADA, BCH and XTZ.
The price of Cardano and the other three digital assets mentioned has seen these coins among the top gainers in the last 24 hours according to data provided by Coinmarketcap. Cardano (ADA), Bitcoin Cash (BCH), and Tezos ( XTZ) are among the top gainers overall in the cryptocurrency market for the day. According to the report, Cardano gained an impressive 9.12% while Bitcoin Cash gained 5.28% and Tezos recorded an 11.20% gain all in the last 24 hours.
Cardano (ADA) Price Today – ADA / USD
Cardano Price Prediction: The Price of Cardano Gained 9.13% in the Last 24Hrs
In the last few days, the price of Cardano has seen it outperform every other cryptocurrency. Cardano has now overtaken TRON (TRX) among the top most valuable cryptocurrencies. The price of Cardano now places it comfortably at number 10 among the list of the largest cryptocurrencies by market capitalization. According to CoinMarketCap ADA reportedly saw a 9.13% gain in the last 24 hours. The digital asset also had an average trade volume of $2,080,892,602. The price of Cardano (ADA) stands at $0.077041 as of press time.
The price of Cardano reportedly spikes in the wake of a new state-backed cryptocurrency revelation given by the founder of Cardano. Charles Hoskinson the AMA, CEO says their platform is reportedly developing a new crypto for Ethiopians. According to the report, the new coin will be a state-backed cryptocurrency because the team behind the initiative is working with the Ethiopian government.
Bitcoin Cash Price Prediction: The Price of Bitcoin Cash Gains 5.28% in the Last 24Hrs
Apart from reports of the controversial BSV listing, the price of Bitcoin Cash is reportedly flourishing in the digital asset market. As of press time, the price of Bitcoin Cash stood at $300 against the USD also recorded a 5% growth in the last 24 hours. Nevertheless, the Blockchain based protocol sits at number four among the top largest digital currencies by market capitalization according to data given by CoinMarketCap. CoinMarketCap counts the average trade volume of BCH to be at $5,409,571,317.
Tezos Price Prediction: The Price of Tezos (XTZ) Gains 11.20% in the Last 24Hrs
The price of Tezos is in an exciting race to take the position of BSV. BSV has unfortunately lost value as a result of a delisting debate by top exchanges. Bitcoin Cash SV which was initially held the number 12 spot has gone down to number 14 spot giving Tezos (XTZ) the chance to step up. Tezos currently sits on number 15 with an average trade volume of $970,633,475. It is poised to overtake BSV’s trading volume of $1,031,836,698 soon enough. XTZ has increased by 11.20%. It is currently trading at $1.47 as of press time.