ADA Rockets to 5-Month Peak, BTC Price Corrects After Latest ATH: Market Watch
Main Idea
Bitcoin reached a new all-time high above $124,500 before retracing, while Ethereum and other altcoins showed mixed performance with some gains and losses.
Key Points
1. Bitcoin's price surged to a record high above $124,500 before experiencing a slight pullback.
2. Ethereum continues its upward trend, approaching its 2021 all-time high of nearly $4,900.
3. XRP and DOGE saw minor declines compared to the previous day.
4. Cardano's ADA surged over 12% in 24 hours, trading around $1 for the first time since early March.
5. Other altcoins like XRP, DOGE, and SHIB recorded losses, while ENA dropped 9% daily.
Description
Bitcoin’s price shot to a new all-time high earlier today, jumping above $124,500 for the first time ever, before it slipped by several grand. Ethereum continues its rise toward the 2021 all-time high of almost $4,900, while XRP and DOGE have retraced slightly since yesterday. BTC’s Latest ATH After the sluggish start of the month, when BTC slipped beneath $112,000, the asset managed to turn the tables by the second week. In fact, it had recovered to over $115,000 before the bulls truly took con...
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