Cardano, Solana and Ethereum outpace Bitcoin as cryptos rebound
White knuckle trading continues in crypto markets, with major coins and tokens all on the front foot.
Cardano (ADA), Solana (SOL) and Ethereum (ETH) outpaced Bitcoin (BTC) as cryptocurrencies began a recovery in Tuesdays dealing.
Recent days saw the major crypto market rattled amidst a wall of omicron triggered fears and a transition to risk-off trading though, in step with equities, prices were bouncing back as sentiments rallied.
Bitcoin rose by 8.33% to trade at US$51,350 whilst Ethereum added 11.5% to US$4,402.
Solana climbed 11.4% to US$203 whilst the Cardano ADA token was priced at US$1.47, up 12.4%.
The Ripple XRP token was up 8.45% at US$0.8391 as Polkadot (DOT) and Terra (LUNA) advanced 10.5% and 6.2% to US$28.93 and US$69.09.
Doggy meme-coins Dogecoin and Shiba Inu traded to 9.8% and 12%, at US$0.1804 and US$0.0000383.
Traders will likely continue to white-knuckle through the coming days.
