Bitcoin Soars Back Above $50,000 While Cardano Hits Another All-Time High

Bitcoin Soars Back Above $50,000 While Cardano Hits Another All-Time High

Bitcoin (BTC) revisited the $50,000 level for the first time since May 15 at 2:41 a.m. UTC on the Bitstamp exchange.

The market cap of the largest cryptocurrency is now inching closer to hitting the $1 trillion level, currently sitting at $943 billion, according to CoinMarketCap data.Bitcoin is on track to record its second consecutive month in the green after plunging to the mid-$28,000 level in June.

Cardano hits another all-time high

While Bitcoin’s relatively swift recovery to the $50,000 level is impressive, Cardano (ADA) is stealing the spotlight right now.The native token of the top proof-of-stake blockchain has just hit yet another all-time high of $2.84.As reported by U.Today, Cardano is set to launch smart contracts on Sept. 12.

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