The cryptocurrency market showed a mixed trend on the 19th with Bitcoin falling below $44,000 at 04:15 AM UTC. At the time of writing Bitcoin was trading at $44,977 (19 August 02:15 PM UTC) with a 24-hour price change of -0.14%.
Meanwhile, Ethereum remained relatively stable at $3,000. It was trading at $3019 (19 August 02:15 PM UTC) with a price change of -0.37%.
Altcoins, on the other hand, have been recovering well with Cardano recording a 7.81% increase from the previous day after Alonzo’s upgrade announcement. Cardano became the third-largest cryptocurrency by market capitalization yesterday, beating Tether and Binance Coin to reach the ranks.
Solana, which has the 10th largest market capitalization, increased by + 7.81% since yesterday. Lastly, LUNA, which stood at 12th place, recorded an increase of 31.8% from the previous day.
According to the announcement made by Cardano, the new hard fork would be upgraded on September 12.