Markets: Bitcoin, Ether, Solana, Cardano, XRP extend gains on the day

Markets: Bitcoin, Ether, Solana, Cardano, XRP extend gains on the day

Prices of Bitcoin, Ethereum, Cardano, XRP and Solana rose on Tuesday afternoon in Asia.

Fast facts

  • Bitcoin rose 0.77% in the past 24 hours as of 4 p.m. in Hong Kong to US$19,906.86. Ethereum saw bigger gains today after it maintained a steady 4.47% growth over the past seven days, rising 6.12% to US$1,658.68, according to data from CoinMarketCap.
  • Other top 10 cryptocurrencies on CoinMarketCap also strengthened, with Solana rising 4.04%, XRP 2.51%, Cardano 3.19% and Polkadot 1.56%.
  • Asian equity markets changed little today. The Shanghai Composite Index gained 1.36%, Tokyo’s Nikkei 225 Index 0.025% while Hong Kong’s Hang Seng Index fell 0.12%.
  • Among smaller altcoins, Flux, the native token of the Web 3.0 ecosystem of the same name, rose 16.77%. Bitcoin Gold, a hard fork of Bitcoin Cash, gained 15.93%.
  • Flux has grown by 31.34% in the last seven days, with some market participants attributing the rally to the Proof-of-Work Flux blockchain as an alternative for Ethereum, which will soon shift to a Proof-of-Stake model.

This article was originally published on forkast.news

Share to Social Media

Share on facebook
Share on telegram
Share on twitter
Share on linkedin
Share on pinterest
Share on reddit
Share on whatsapp

Recent News

Hot stories

Join Our Newsletter