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Bitcoin Touches $26,500 As SOL, ADA Rally Higher

Twitter icon  •  Published il y a 8 mois  •  Hassan Maishera

Bitcoin touched the $26,500 level after adding 2% to its value as Solana, Cardano, and NEAR led the market charge.

TL;DR

  • Bitcoin added nearly 2% to its value in the last 24 hours and is now trading close to the $26,500 region.

  • SOL and ADA are the top performers amongst the top 10 cryptocurrencies by market cap.

Crypto Market In The Green For The First Time This Week

The cryptocurrency market finally caught a break after underperforming over the last seven days. Bitcoin and other cryptocurrencies are trading in the green zone after yesterday’s positive performance.

Bitcoin added nearly 2% to its value in the past 24 hours and is now trading close to the $26,500 region. 

However, SOL and ADA, the native coins of the Solana and Cardano blockchains, are the best performers amongst the top 10 cryptocurrencies by market cap. SOL added more than 6% in the last 24 hours. Its rally comes after Shopify integrated Solana Pay, allowing USDC stablecoin payments for customers.

NEAR, the native coin of the Near Protocol also added more than 6% over the last few hours. NEAR’s positive performance comes after crypto lender Nexo integrated the network into its platform.

Thanks to yesterday’s rally, the total cryptocurrency market cap now stands at $1.07 trillion, up by 2% in the last few hours. DOT, BNB, ETH, and TON also recorded excellent gains.

 

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.