Bitcoin (BTC)Cardano (ADA)Crypto News

Bitcoin Targets $40,000, Cardano (ADA) Skyrockets 9%

                                                            Die gestrige FOMC-Sitzung hatte einen positiven Einfluss auf den größten Teil des Cryptomarktes, wobei Bitcoin in Richtung 40.000 $ anstieg.  Auch die meisten Altcoins sind im grünen Bereich.  Cardano, Solana, Polkadot und Avalanche gehören zu den Leistungsstärksten.

Bitcoin has reached $40,000

Since last week’s rejection above $40,000, the landscape has been for the primary cryptocurrency quite declining. It quickly returned below this level and continued to lose value. This led to a drop to a two-month low below $37,500.

Although it bounced and challenged $39,000 over the next few days, the asset eventually failed and bounced back below $38,000, as reported yesterday.

It was approaching and standing around $38,500 ahead of the much-anticipated FOMC meeting that took place last night. In it, Fed Chair Jerome Powell said the institution would hike rates by 50 basis points (instead of the expected 75).

This had a positive impact on the price of BTC, which surged to an intraday high of $40,000. So far, the cryptocurrency is down several hundred dollars, but it’s still up about 2% on the day. With that lies his market capitalization at over 750 billion US dollars.

BTCUSD. TradingView

Cardano is leading the way of the alts

Altcoins have also been in bad shape for the past week or so, but now Green has taken over the market.
Ethereum slipped to $2,700 days ago but is now above $2,900. This comes after a daily increase of 2.5%.

A similar price pump has pushed Binance Coin to $400 Ripple is near $0.65 after gaining 3.7% on the day.

Solana is trading above $90 after rising 6%. Polkadot (5%) and Avalanche (8%) are also well in the green. Cardano is up more than 9% and is close to $0.9.

Ultimately, the crypto market cap has increased around $60 billion in one day and is now at $1.8 trillion.
Bitcoin Targets $40,000, Cardano (ADA) Skyrockets 9%, Crypto Trading NewsOverview of the cryptocurrency market. Quantify Crypto

Source: Crypto News Deutsch

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