The biggest altcoins hit a new all-time high as Bitcoin (BTC) rose above $ 50,000 again.
Namely, the crypt market has fallen three times in the last two weeks. Bitcoin has moved down, reaching an all-time high of $ 66,000 on April 17th. In addition, the BTC fell further, to a recent low of $ 47,159.49.
This fall in the cryptocurrency market made investors wonder if the market would recover and return to normal. To date, the cryptocurrency market has recovered from the downward trend. In addition, the price of BTC rose again above $ 50,000. According to CoinGecko, the price of BTC at the time of writing is $ 54,679.
The largest altcoins are on the rise, reaching new heights
Major altcoins such as Ethereum (ETH), Binance Coin (BNB), Ripple (XRP) and Cardano (ADA) are on the rise in today’s cryptocurrency market. In addition, ETH has risen by about 20% in the last seven days. Thus, the current ETH price of $ 2,556 is approaching an all-time high of $ 3,000.
On the other hand, the BNB, XRP and ADA are among the leading cryptocurrencies today. Specifically, the BNB’s price has risen more than 8.75% this week from $ 542. In addition, the price of XRP rose 11.82% from $ 1.41, and the price of ADA brought its crypt owners more than 6.77%, almost $ 1.26 per unit.
Not only the leading cryptocurrencies but also the top altcoins show significant growth. These include SeChain (SNN), Nyerium (NYEX), ROPE Token (ROPE), TriumphX (TRIX), Moon Stop (MOON STOP).
Against this background, 2021 shows. year continued upward trend in the crypt market. Therefore, the cryptocurrency market looks promising for both institutional investors and cryptocurrency traders.