27 Mar Bitcoin, Ethereum and Ripple await a calm weekend session
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- Bitcoin price leads the market in consolidation after $7,000 became impenetrable.
- Cardano ambitious project Ouroboros Hydra can support up to 1 million transactions per second.
The cryptocurrency market is sinking in the red waters once again after major coins; Bitcoin, Ethereum and Ripple failed to side above critical resistance levels at $7,000 $142 and $0.18 respectively. Monero (XMR), the biggest gainer in the last seven days has retreated by 3% on Friday. XMR/USD is up more than 18% in the last seven days compared to Bitcoin’s 6.29%.
The entire cryptocurrency market is relatively stable with the market cap growing by only $2 billion from $184 posted on Thursday to $186 billion. The stability is also reflected by the trading volume’s slight change from $122 billion to $12$ billion according to the data on CoinMarketCap.
Cardano new solution scaling surpasses Visa
Cardano (ADA) network, On March 25, released Ouroboros Hydra, a protocol that has been…
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