Bitcoin and Ethereum continue rally as Cardano soars

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Bitcoin and Ethereum continue rally as Cardano soars

There was some modest optimism in the digital currency world with 80 of the top 100 trading in positive territory on Thursday morning Cryptocurrencie

There was some modest optimism in the digital currency world with 80 of the top 100 trading in positive territory on Thursday morning

Cryptocurrencies were set for their third consecutive green day as many of the leading digital currencies reached monthly highs on news of Australia’s first A$ stable coin.

Bitcoin climbed 2.3% to US$43,074, while its closest rival Ethereum rose 3% to US$3,040 to slightly outpace its bigger cousin as it looked to cement itself back above the key US$3,000 resistance level.

The world’s second-largest crypto was at its highest level since 16 February – before Russia began its invasion of Ukraine.

There was some modest optimism in the digital currency world with 80 of the top 100 trading in positive territory on Thursday morning.

Cardano and Solana surged 17% and 7% respectively, while doggy-meme coins Dogecoin and Shiba Inu increased 11% and 6%.

Outside of the top 20, Near Protocol, Decentraland and ApeCoin advanced 11%, 7% and 20% respectively.

Those who bucked the trend in the fallers department experienced much less volatile changes.

Only Ethereum Classic and Neo, who sunk 6% and 2% respectively, fell by more than 1% (to the nearest full number).

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