News Altcoins on the rise while Bitcoin struggles

Altcoins on the rise while Bitcoin struggles


- Advertisment -

Altcoins are again on the rise, and 0x appears to be leading the pack after recording nearly 10% growth in the last 24 hours.

Cosmos (ATOM) is likewise recording some impressive gains, adding $0.20 to its value to climb from $2.73 yesterday, up to $2.92 today.

Beyond this, Tron (TRX) and Dash are among the best performers, up 2.9% and 2.5%. Meanwhile, major altcoins XRP and Bitcoin Cash (BCH) are experiencing a slight loss, down almost 1% in the last day.

Most of the other altcoins are also experiencing gains, albeit much less dramatic. Overall, the entire market capitalization of all cryptocurrencies has blossomed from $220.5 to $221.7 billion—equivalent to an average gain of less than 1% across the board.

At the same time, Bitcoin (BTC) has seen its market dominance slip—falling from 67.7% to its current value of 66.7% over a 7-day period.

Bitcoin dominance has been on the decline since early September, after climbing to its 2019 high of over 71% on September 6. Despite this, most altcoins have lost value faster than Bitcoin in the past month, indicating a new altcoin boom isn’t definitely on the cards just yet.



Please enter your comment!
Please enter your name here

Latest news

GoCrypto presents truly contactless payments with a simple solution for merchants and buyers

7 April 2020 — The recent events have rapidly changed the way we live, including our shopping...

Bitcoin SV has found a new niche in the gaming industry

Gaming companies and online casinos are increasingly paying attention to cryptocurrencies as a possible payment tool. Several...

Why could GLBrain become a great solution to receive support during the crisis?

To support smaller and medium-sized businesses during the ongoing crisis, GLBrain offers services cost-free for all Austrians....

Make Fast and Secure Trades Using is a Cryptocurrency trading platform that allows users to buy and sell their Cryptocurrency in a...
- Advertisement -Altcoins on the rise while Bitcoin struggles

Network Security Using Cryptography: Everything you need to know

This article will describe what is Network Security Using Cryptography and everything you need to know before...

Mercuriex Cryptocurrency Exchange Launches New Utility Token, SURF

MercuriEx Cryptocurrency Exchange, originally developed in 2017, came under new ownership in December 2019. Since taking over the exchange,...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you