The stock market is on fire on Thursday and that has extended to cryptocurrencies as well. Over the past 24 hours, the value of Bitcoin ( BTC 5.43%) jumped 6.5% at 1 p.m. ET to $63,700, Ethereum ( ETH 6.40%) is up 7.6% to $2,470, and Dogecoin ( DOGE 4.93%) is up 6.3% to $0.1068.

Cardano (ADA) price trades within a symmetrical triangle on Friday, a breakout from which could signal a rally ahead. ADA’s rising open interest further supports the bullish thesis, as do the recent movements seen in previously dormant wallets.

It has been noted that in the constantly evolving space of cryptocurrencies, Bitcoin and Ethereum remain the leaders. Even though Bitcoin is the first cryptocurrency and has dominated this field