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The rise of Cardano Price leads the market rally in the middle of the week

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Cryptocurrency markets rose for a third consecutive day on Wednesday, allowing each top 10 crypto-currencies of Show earnings against the United States. dollar and the most to advance more than five percent. The best performance of the day was the Cardano price, which climbed nearly 20% during intraday trade.

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Source: CoinMarketCap

The market capitalization of the cryptocurrency has grown by nearly 25 billion dollars an index return of 7.5%.

Bitcoin Prize: $ 9,000

The Bitcoin price slightly followed the index but still managed to exceed $ 9,000. At present, the flagship cryptocurrency is trading at $ 9,043 on the Bitfinex cryptocurrency exchange, which represents a one-day increase of six percent. Bitcoin now has a market capitalization of $ 155.3 billion, as well as a 43.6% share of the total stock index.

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Bitcoin Price Chart

The Ethereum Defends itself After the First Week of Subsidence

At the same time, the Ethereum price was up 7.5%, after falling behind the average market yield over the last few days. The price of Ethereum is currently trading at $ 574 on Bitfinex, offering the second largest cryptocurrency with a market capitalization of $ 57.4 billion.

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Ethereum Price Table

Cardano Price leads to a wide gathering of Altcoin

The best returns of the day came from lower-capitalized altcoins, and the most impressive performance belonged to Cardano.

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Altcoin price chart

The third-ranked Ripple rose three percent, However, Bitcoin Cash rose 4% to $ 1,061.

However, the next five cryptocurrencies beat the index by at least one per cent.

Litecoin's fifth place jumped nine percent to $ 174, and EOS rose eight percent to $ 6.28.

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Cardano, seventh in the standings, jumped 20% to about $ 0.22, a move that was correlated with the high trading volume on the Seoul-based Upbit-based cryptocurrency exchange.

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Cardano Price Table

NEO was the only other top 10 crypto-currency to display a double- The "Chinese Ethereum" is now valued at $ 77.35 after the advance of 11% today.

Stellar rose nine percent for the day, while IOTA posted an increase of less than one percent to top the top 10.

This week has brought a welcome respite to the cryptocurrency markets, but investors may want to avoid depositing at Lamborghini's dealership, as Wall Street strategist and cryptocurrency bull Tom Lee has predicted that altcoins will remain in purgatory "for the duration of spring and most of the summer before rallying again in August or September.

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