The second cryptocurrency by market capitalization is currently trading at $ 3,429.9 with a market capitalization of $ 401.78. In the last seven days it presents a revaluation of 0.33% and in the last 24 hours it has had a fall of -5.49%.
The cryptocurrency market has been celebrating since the beginning of August with hikes, news, improvements and updates.
The first currency by market capitalization “El Bitcóin”, It reached its all-time highs on April 16 at the share of $ 63,817, a level since it began a plummet until last July 21 it reached a minimum in session at $ 29,482. Since then, it has started an upward momentum reaching the levels of $ 52954 on September 7. At this moment it is consolidating the levels in a lateral process and with some winds in its favor. We have seen how at the beginning of September El Salvador incorporated and accepted the first cryptocurrency by market capitalization “Bitcoin” as legal tender and firms such as PayPal announced the beginning of the global expansion of their services in cryptocurrencies. At the moment Bitcóin is trading at the levels of 47.43260 with a market capitalization of 894.03 B $ and its evolution in the last diet days is + 3.17%.
The second currency by market capitalization is Ethereum, On August 4, it incorporated the Hard Fork London EIP-1559, which incorporated five new improvement proposals, with the aim of drastically reducing the price of gas for users. With these updates, miners receive a lower reward for their contribution to the Bolckchain of the cryptocurrency in order to reduce mediation costs. It is currently trading at $ 3,440.2 with a market capitalization of $ 405.2 B. In the last seven days it presents a revaluation of 2.07% and in the last 24 hours it has had a fall of -5.20%.
Cardano (ADA), has become the third cryptocurrency by market capitalization. Its evolution since last July 21 has been impressive, going from the levels of $ 1.04 to touch the levels of $ 3.08 on September 2. Right now you are in a moment of indecision. The break to the upside of the closing $ 2.52 would give us a new bullish target at the $ 2.78 levels. The break down of the $ 2.20 levels would leave us a new target at the $ 2 / $ 1.89 share.
I leave you a video with analysis and weekend strategy for Ethereum.
I attach YouTube video link