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Bitcoin Cash [BCH], Cardano [ADA] and Litecoin [LTC] fall by over 5% as market correction ensues

Namrata Shukla

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Bitcoin Cash [BCH], Cardano [ADA] and Litecoin [LTC] fall by over 5% as market correction ensues
Source: Pixabay

Most cryptocurrencies endured a rough ride in the coin market, with coins such as Cardano [ADA], Bitcoin Cash [BCH], and Litecoin [LTC]  falling, at press time.

Cardano [ADA]

Source: Trading view

Source: TradingView

At press time, ADA was falling by 5.84% over the day, after noting a price surge of 21.72% over the past week. The ninth largest coin on CoinMarketCap dipped further by 2.76% over the hour, and was valued at $0.0849. The coin’s 24-hour trading volume was $365 million.

ADA was highly traded on ZBG exchnage with a volume of $54 million via the ADA/USDT pair. The second place was taken by HitBTC, with a volume of $21 million with ADA/USDT pair. HitBTC also acquired the third place with a volume of $19 million, but with ADA/BTC pair.

Bitcoin Cash [BCH]

Source: Trading view

Source: TradingView

The value of BCH was noted to be $299.69 with a market cap of $5.30 billion, at press time. BCH plunged by 6.05% over the past day and continued to fall by 3.15% over the hour. Over the past seven days, BCH spiked by 78.05%, following which the market corrected itself. The 24-hour trading volume of the coin was $2.12 billion.

BCH was highly traded on OEX with BCH/USDT pair as it noted a volume of $214 million. The second place was taken by BW.com with trading volume registered to be $170 million via BCHABC/USDT pair. BW.com was followed by $OKEx via BCH/USDT pair and a volume of $168 million.

Litecoin [LTC]



Source: Trading view

Source: TradingView

LTC fell by 5.54% over the past day, while dipping by 1.56% over the hour, at press time. It was valued at $88.64 with a market cap of $5.42 billion. Over the past seven days, the coin noted a surge of 45.99%. However, the coin is since undergoing a correction.

DigiFinex noted the highest trading volume for LTC with LTC/BTC pair and volume of $337 million. Coinall followed DigiFinex with a volume of $331 million via LTC/BTC pair. Coineal too registered $293 million in volume via LTC/BTC pair.





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Namrata is a full-time journalist and is interested in covering everything under the sun, with a special focus on the crypto market.

News

Basic Attention Token surges by over 6% as Ad Launch nears

Namrata Shukla

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Baisc Attention Token surged by over 6% over ads launch hype
Source: Pixabay

The cryptocurrency market appears to be bleeding, however, few altcoins have reported small surges over the past few days, like Basic Attention Token [BAT].

The coin, on April 18 when the entire market was mostly red, surged by over 10% and was trading at $0.3618, its all-time high since July 2018. On April 20, BAT reported a growth of over 6% and was valued at $0.3947, breaking its immediate resistance.

Source: CoinMarketCap

Source: CoinMarketCap

BAT reported a market cap of $493 million and a 24-hour trading volume of $57 million. The coin noted a 6.47% rise in its price over the past day and reported a seven-day surge of 31.20%. BAT continued to register a growth of 1.18% over the past hour.



Crypto-enthusiasts speculate the reason for the surge in prices to be the launch of advertisements on the Brave Browser this month. The BAT token is essentially based on entertainment and can be obtained through a variety of advertising and attention-based services on its platform. According to Twitter user @CryptoNilla,

“They are about to launch ads this month hence the pump.”

BAT was highly traded on ZB.COM exchange as it noted a volume of $8 million via the BAT/USDT pair. The second place was taken by Binance, the largest cryptocurrency exchange as it reported a trading volume of $7 million via the BAT/BTC pair. IDCM was on the third place with $6 million in volume via the BTA/BTC pair.





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