Current major cryptocurrency market conditions at this time – Take a look at CoinMarketCap
(Seoul = News 1) Reporter Hyung-ki Park = On the 23rd, Bitcoin fell after being blocked by the $50,000 resistance level, but Cardano surged close to 7%, hitting an all-time high again.
As of 6 am (Korean time) on the 23rd, Bitcoin was recorded at $48,366, down 1.24% from 24 hours ago on CoinMarketCap, a global coin market relay site. Bitcoin traded between a high of $49,453 and a low of $48,199 on that day.
The reason Bitcoin fell is believed to have been blocked by the $50,000 resistance level.
Earlier, Bitcoin attempted to break through the $50,000 mark during a two-day rally over the past two days thanks to the positive news that Coinbase, the largest cryptocurrency (virtual currency) exchange in the United States, purchased an additional $500 million (591.7 billion won) of cryptocurrency. .
However, it was blocked by the $50,000 resistance level, ending the rally for the second day in a row, and seems to be declining today.
While Bitcoin is declining, Cardano (Ada), the 3rd largest by market cap, has surged by 7% and again reached an all-time high.
Cardano price trend since listing – Take a look at CoinMarketCap
At the same time, Cardano is trading at $2.57 on CoinMarketCap, up 6.90% from 24 hours ago. This is an all-time high. Cardano has been skyrocketing recently, ahead of the system upgrade. Cardano is up 17.35% over the past week.
As a result, Cardano’s market capitalization rose to $83.6 billion, solidifying its position as the third largest cryptocurrency by market capitalization.
At the same time, on Upbit, a Korean trading site, Bitcoin is trading at 57.08 million won, down 0.82% from 24 hours ago. In comparison, Ada (Cardano) is trading at 3,035 won, up 5.93%.
Current domestic market conditions of major cryptocurrencies at this time – Upbit Capture
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