BTC and ETH hit new ATH. BNB, ADA and XRP are heading to new ATH

There is a positive atmosphere in the cryptocurrency market due to the participation of institutional companies and new developments. Institutional firms want to invest in BTC. On the ETH side, the Berlin update is coming to an end. There is new news about the XRP investigation. These new developments have caused BTC, ETH, ADA and XRP to rise. Many cryptocurrencies, especially BTC, ETH, BNB, XRP are moving towards the new ATH. Let's examine some of the best cryptos in terms of market value.

BTC

BTC has reached its new all-time high today, surpassing $ 63,000. BTC hit a new high at $ 63,287. The number of companies that step into Bitcoin (BTC) is increasing day by day. TIME magazine made a deal with Grayscale to keep BTC on its balance sheet. Time has also announced that it will accept cryptocurrencies for subscriber payments in the upcoming setting. In addition, the Magazine had some magazine covers on sale as NFT in the past months. I think the rise of Bitcoin is not over yet. I believe BTC will exceed $ 70,000 this month.

ETH

ETH reached an all-time high today at $ 2,245. On April 14, a new update to the Ethereum (ETH) network called "Berlin" is planned. With this update, some innovations will come, but most importantly, it is hoped that gas fees will be reduced. For ETH, the biggest problem here is gas fees. It cannot go higher unless it can overcome this problem, but if it overcomes this problem, it can reach $ 10,000.

BNB

BNB broke the all-time record yesterday with $ 638, and it may reach the new record again, even if there is a slight decline. Binance said that some BNB will be burned in the coming days. A certain portion of BNB is burned every 3 months. In short, burned BNBs disappear forever. The decrease in the amount of BNB in the market causes it to gain more value. Considering the campaigns Binance has done and will do, BNB could soon exceed $ 1,000.

ADA

Cardano (ADA) rose to $ 1.42 today, surpassing $ 1.4, new ATH could hit with $ 1.5. In May, ADA may reach higher because I think local tokens can be created or announced on the Cardano network. With the Mary update in Cardano in March, local cryptocurrencies can now be created on the Cardano network. Cardano's developer, IOHK, announced the addition of support for smart contracts to the Cardano network in the Alonzo update in August. With this update, it will allow the creation of smart contracts and decentralized applications (DApps) for decentralized finance (DeFi). ADA will be higher as new updates and new projects are added to the Cardano Network, which requires some patience. I think ADA is one of the rare cryptocurrencies with a promising future. ADA investors can be very lucrative this year if they are patient. By the end of the year, ADA can reach $ 10.

XRP

XRP hits $ 1.73 today, the highest level since January 2018. With the investigation launched into XRP, XRP fell rapidly and even fell to $ 0.23. With the positive news coming in the last days, XRP is on the rise again. Ripple CEO Brad Garlinghouse and former CEO Chris Larsen have announced that they will file an application for dismissal of the SEC case. In addition, Tetragon Financial Group, which lost its case against Ripple, will pay $ 3.4 million in compensation. XRP last hit ATH in January 2018 with $ 3.7. With new developments, XRP is on the rise again, and XRP may hit a new ATH.

The participation and investments of institutional firms in the crypto money market are increasing day by day, and new developments in cryptocurrencies create a positive atmosphere in the markets. Additionally, with the continued positive mood in the markets, an all-time high will come from strong currencies like BTC, ETH, BNB, ADA, XRP, HIVE and so on.

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