As Dogecoin stalls and adoption news fuels bulls, Bitcoin reaches $58K. Other altcoins, such as Cardano (ADA) and Bitcoin Cash (BCH), were able to outperform Bitcoin on the day, with gains of 16 percent and 22 percent, respectively. Bitcoin had benefited from a major US bank's announcement of acceptance, which was accompanied by news that MercadoLibre, Latin America's largest e-commerce firm, had added $7.6 million in BTC to its balance sheet.