Tag: Outperforming

Top Crypto News Round-Up; Bitcoin, Ethereum, Dogecoin, And Cardano After the U.S. employment report, traders hoped for more Fed help, which led to a rise in bitcoin. Altcoins are already outperforming. The poor employment report bolstered hopes of the Federal Reserve’s continued easy money strategy, sending bitcoin (BTC) up around 2% in the last 24 hours. Bitcoin Around the time of the US employment survey, Bitcoin climbed above $57,000. At the time of publishing, the cryptocurrency was trading around $58,694 and was holding support on the intraday and regular time frames. Ethereum Ethereum has outperformed major digital currency rivals this year, boosted by a boom in decentralised finance (DeFi) and the prospect of a technological adjustment this summer, but it faces roadblocks that could slow its progress. After bitcoin, ethereum has the second-largest market capitalization, with a price increase of more than 350% this year. At the time of publishing, the cryptocurrency ether was trading around $3,543,