Cardano and Ethereum Classic Hit New All-Time Highs

by in Cryptocurrency News

Cardano Ethereum Classic

While Bitcoin price continues to be far from the previous all-time high, altcoin season is going on.

Related: Bitcoin Cash Reappears in the Crypto Top 10

BTC dominance index fell at 44,85%. Along with this, most altcoins are seeing noticeable price growths.

Within the previous 12 hours, two of them, Cardano (ADA) and Ethereum Classic (ETC) hit new all-time highs: ADA reached $1.75 and ETC surpassed $176. ADA is the native token of the Cardano blockchain platform. It ranks sixth in terms of the market cap which stands at above $54.9 B.

Ethereum Classic, Ethereum's hard fork created in 2016 ranks 13th with a market cap of around 16.3 B. It's worth mentioning that at the beginning of the year the token's price was hesitating between $5 and $6.

Within the previous 7 days, it saw about a 300% increase and hit a new record high of $176 on May 7.

Other altcoins that broke the previous records during the previous 7 days are Ethereum ($3.500), Chainlink ($49), Dogecoin ($0.6), and Bitcoin Cash ($1590).