Strong collective surge in cryptocurrency prices and "Cardano" jumps by over 10%💥🤑$ADA $BNB

Cryptocurrency prices witnessed a strong jump during trading on Friday, led by Bitcoin, which recorded a new all-time high.

The "YZ AI Labs" office, affiliated with "Changpeng Zhao" and "Yi He", the founders of the cryptocurrency exchange "Binance", announced its support for "10X Capital" in its plans to establish a new entity that will be listed in the American market.

"10X" issued a statement saying that the "YZ AI" office, which manages assets worth 10 billion dollars, will contribute to supporting the formation of a company specialized in asset management that invests in "BNB" coin, but it did not mention any details regarding the agreement.

In terms of trading, the price of Bitcoin surged by 4.92% to reach 116,546 dollars, which is its highest level ever.

On a weekly basis, Bitcoin managed to add about 6.81% to its value.

As for the prices of other cryptocurrencies, the price of Ethereum rose by 6.58% to 2,959 dollars, while the price of Binance Coin increased by about 2.83% to reach 689 dollars.

The price of Ripple rose by about 6.12% to be traded at 2.5687 dollars, while Cardano recorded a strong increase of 10.21% to reach a price of 0.6849 dollars#BinanceTurns8