Cardano Leads Crypto Asset Surge, Up 11% (Monday, May 30, 2022)

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Viva Budy Kusnandar 30/05/2022 17:30 WIB

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With easing global economic concerns and the relaxation of Covid-19 restrictions in China, investors are once again seeking out crypto assets, which are currently trading at low prices.

Percentage Increase of 10 Major Cryptocurrencies by Market Capitalization (May 30, 2022*)

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Percentage Increase of 10 Major Cryptocurrencies by Market Capitalization (May 30, 2022*)

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Cryptocurrency asset values rose in early week trading. Based on Coinbase data, cryptocurrency assets have strengthened by 5.49% in the last 24 hours.

Easing concerns about high interest rates, and the loosening of Covid-19 restrictions in China, have led investors to buy risky assets such as cryptocurrencies, which are currently at low prices.

Cardano (ADA) led the rise in large-capitalization crypto assets at the beginning of this week, rising 11.66% to Rp7,507.25 per coin on Monday, May 30, 2022.

The next largest increase was seen in Shiba Inu (SHIB), up 11.61% to Rp0.17 per unit. This was followed by Solana (SOL), up 8.83% to Rp673,230 per coin, and Polkadot (DOT), up 8.8% to Rp148,690 per unit.

Avalanche (AVAX) also rose 8.79% to Rp398,120 per coin, Ethereum (ETH) rose 6.71% to Rp27,560,000 per coin, and Bitcoin (BTC) rose 5.56% to Rp443,900,000 per unit.

Wrapped Bitcoin (wBTC) also rose 5.17% to Rp444,060,000 per coin, Dogecoin (DOGE) strengthened by 4.48% to Rp1,230.43 per coin, and BNB (BNB) rose 4.29% to Rp4,580,000 per coin.

(Also read: [Up Hundreds of Percent, These Are the Most Profitable Cryptocurrencies at the Beginning of 2022](https://databoks.katadata.co.id/datapublish/2022/05/20/naik-ratusan-persen-ini-mata-uang-kripto-yang-paling-menguntungkan-di-awal-2022))

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Cardano Leads Crypto Asset Surge, Up 11% (Monday, May 30, 2022)

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