- The global cryptocurrency market cap rose more than 4% to above $1.6 trillion over the past 24 hours.
- BTC, SOL, and ADA all saw their prices jump throughout the last day of trading.
- ADA was the best daily and weekly performer in the top 10 list and could continue climbing in the short term.
The entire cryptocurrency sector surged over the past 24 hours. Data from the market tracking website CoinMarketCap indicated that the market’s collective valuation stood above $1.6 trillion. This was after it registered a 4.10% uptick throughout the past day of trading. During this period, the prices of Bitcoin (BTC), Solana (SOL), and Cardano (ADA) jumped.
Daily chart for BTC/USD (Source: TradingView)
The market leader was up more than 4% at press time. This 24-hour gain resulted in BTC changing hands at $42,812.95. Despite the positive daily performance, the cryptocurrency king was still down 2.74% over the past 7 days.
Daily chart for SOL/USDT (Source: TradingView)
SOL, on the other hand, was able to outperform BTC with its 7.98% increase in price. This pushed the altcoin’s weekly performance further into the green zone to +12.21%. Overall, SOL’s price sto…
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