Major Cryptocurrencies Gain Highly, Ethereum at $713, Bitcoin at $9,300
The cryptocurrency market has recorded strong gains over the past 24 hours, as the valuation of the market broke the $440 billion. Bitcoin, Ethereum, Cardano, Bitcoin Cash, and other major cryptocurrencies demonstrated large short-term gains.
The price of Ether, the native cryptocurrency of the Ethereum blockchain network, has surged 7 percent on May 3, experiencing several buy spikes over the last 12 hours. The strong performance of Ether led to big gains, as WanChain, Golem, and Ontology demonstrated daily gains in the range of 10 percent to 50 percent.