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New ATHs for Ethereum, Cardano, Litecoin

07 May 2021 09:50, UTC
Denis Goncharenko

Bitcoin attempted to overcome $ 58,000 but was unsuccessful this week, and the cryptocurrency fell by about $3,000. However, this did not stop many altcoins from setting new price records.

It's safe to say that alternative coins have achieved much more than the leading cryptocurrency in the past few weeks. Ethereum is now in the spotlight on this issue — ETH has grown again, this time to more than $3,600, which was its new ATH record. At the time of writing, the coin has slightly corrected and is currently worth around $3450.

Cardano also hit a new high of $1.7. Thus, from the beginning of the year to the present, the growth of ADA has exceeded 800%. Litecoin is another impressive player of late, with LTC hitting its new record of just over $370.

The aggregate market capitalization of all crypto assets also surpassed the new benchmark for the first time. After adding more than $200 billion in two days, the figure reached $2.4 trillion. BTC's dominance in the market continues to decline, with the figure falling to a new nearly three-year low, well below 45%.