Bitcoin Looses Ground While Dogecoin Metrics Soar

Name	Symbol	Market	Market Cap ($)	Algorithm
Cardano	ADAUSD	Crypto	15,130,283,875	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Cardano

ADAUSD

Crypto

15,130,283,875

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.0271	-5.93%	0.4298	0.430	0.4301

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.0271

-5.93%

0.4298

0.430

0.4301

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.4631	0.4255	0.4566	0.4569	0.216009 - 0.810200

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.4631

0.4255

0.4566

0.4569

0.216009 - 0.810200

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	13:33:44	77.61	0.4298	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

13:33:44

77.61

0.4298

USD

Price x Volume	Volume	Base Symbol	Related Pairs
6,809,978.12	15,266,756.74	ADA	ADAEUR	ADAGBP	ADABTC

Price x Volume

Volume

Base Symbol

Related Pairs

6,809,978.12

15,266,756.74

Bitcoin Looses Ground While Dogecoin Metrics Soar

17/08/2022 2:30pm

NEWSBTC

The cryptocurrency market has been getting frequent price movements recently with meme coins like Dogecoin minting gains. Some of the significant assets made an uptrend within the past two weeks. However, most of them couldn’t sustain the bullish trend for long. Hence, they have experienced a slight drop in prices this week. Bitcoin is among the assets that have shown high volatility in the past few days. But it seems to have flattened out at around the $24,000 region. Dogecoin, on its part, is recording a progressive increase in value. As a result, DOGE stands top among other meme coins, gaining momentum. Unfortunately, the story is not pleasant for most altcoins as most are stagnating in their prices today. Related Reading: Polygon Seen Breaching $1 This Week – Can MATIC Start An Uptrend? Bitcoin got quite a swing in its price over the past few days. Though it later halted during the weekend, this was after some fluctuations in its value. The price of Bitcoin initially rose to $25,000, a new 2-month high. The rise seemed difficult for the token to ensure its sustainability and had to drop. However, it later surged upward within hours as the price rallied to about $25,200. This marked the highest point for BTC since the middle of June. Bitcoin Falls But Dogecoin Gains Momentum With every passing hour, the BTC price started retracting. The value finally gave up more than $1,000 to remain beneath the $24,000 mark. Since then, Bitcoin’s trading price has been hovering below the $24,000 region as the token keeps its stagnant stance. Currently, BTC boasts a market cap of about $450 billion while maintaining a 40% dominance over the altcoins. Dogecoin has kept its lead as the first in existence and dominance when it comes to meme coins. However, DOGE is taking a different route. The leading meme coin has gained over 8% in value in a single day. The price of DOGE has surged up to $0.08 and remains on top above several other meme coins and altcoins. Price Performance of Altcoins For Ethereum, the price is seeing a more positive move in an upward trend. Ether had jumped to its 74-day peak to around $2,050. The sentiment for the global second largest cryptocurrency is recently paving the way for its price performance. This is linked to the rumor concerning its upcoming blockchain upgrade, the Merge. Despite its sudden rise within the past few days, ETH later dropped in price and is presently trading around the $1,900 region. For other altcoins, the movement has not been so easy. Most of them have been fluctuating throughout the weekend and even on Monday. Some of them have stalled at certain marks. Related Reading: XRP Sluggish At Resistance – Will It Break Out After 2 Months Of Vertigo? There were no unusual moves for Ripple, BNB, Shiba Inu, Polkadot, Cardano, and Avalanche. From the mid-cap and lower altcoins, Monero had the best performance. Its token, XMR, made a 5% increase to hit the $170 trading. Featured image from Pixabay and chart from TradingView.com

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ADAUSD Cardano