3 cryptocurrencies to buy as they lag behind Bitcoin’s rally

3 cryptocurrencies to buy as they lag behind Bitcoin’s rally
фото показано с : coinjournal.net

2023-4-24 14:30

Solana outperformed major cryptocurrencies in 2023 Bitcoin gained over +64% Cryptocurrency market bulls might focus on other major cryptocurrencies until the gap with Bitcoin shrinks

Cryptocurrencies started 2023 with a bid tone. The bullish momentum continues into the 4th month of the year, as investors still believe that more upside is possible.

A quick look at the leading cryptocurrencies and how they performed in 2023 reveals something interesting. That is, three cryptocurrencies lag behind Bitcoin’s rally, meaning that there might be some momentum left in the race to catch up with Bitcoin.

TradingView ranks the top 10 cryptocurrencies, as seen below. If we exclude Tether and the USD Coin and focus on the other, we find that Doge, Polygon, and BNB have underperformed in 2023.

Doge, Polygon, and BNB might catch up with Bitcoin

Surprisingly, Bitcoin is not the cryptocurrency that performed the most in 2023. Solana is, up +67.12% YTD.

Bitcoin chart by TradingView

One scenario moving forward is that if Bitcoin gives up some of its 2023 gains, it will drag the other cryptocurrencies down. But those still believing in the Bullish potential of this market might see things differently.

In particular, the last three cryptocurrencies in the top 10 have a lot of room to catch up with Bitcoin. For example, Dogecoin is up only +13.29% in 2023. Also, Polygon gained +28.54%, while BNB delivered a +34.71% YTD.

Sure enough, these are all stunning performances for such a short period. But Bitcoin gained +64.64% over the same period, so there is still a potential for some catch-up to do.

Overall, the lagging cryptocurrencies look attractive here for investors believing that the bullish rally still has some legs. As such, avoiding Bitcoin might make sense until the gap shrinks.

The post 3 cryptocurrencies to buy as they lag behind Bitcoin’s rally appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 98040.13 (+0.49%)
Объем 24H $94.874b
Изменеия 24h: 5.09 %, 7d: 7.46 %
Cегодня L: $94006.77 - H: $98156.69
Капитализация $1939.571b Rank 1
Цена в час новости $ 27384.99 (258.01%)

cryptocurrencies bitcoin 2023 major focus bulls might

Источник: coinjournal.net

cryptocurrencies bitcoin → Результатов: 126


How Bitcoin And Crypto Is The Solution To The Recent Recession Struggles In Countries Like Germany

The challenges brought on by recessions have been addressed by bitcoin and other cryptocurrencies. In addition to offering a more stable and secure means of storing value than conventional fiat currencies, proponents of cryptocurrencies claim that they can help protect people’s wealth during periods of economic unrest.

2023-6-2 10:57


Фото:

Bitcoin, Ethereum, Cardano See Solid Bases To Build On As Rapid Inflation Rattles Markets

Cryptocurrencies and “Crypto Dollars” are no longer a passing fad as the narrative has been for the past 3 or so years, with the US Dollar increasingly losing its shine to the two. In a trend that has been on the rise, while cryptocurrencies, notably Bitcoin, Ethereum, Cardano, and stablecoins seem to have outshined themselves […]

2022-1-28 18:43


Фото:

Bitcoin, Ether, Cardano See Solid Bases To Build On As Rapid Inflation Rattles Markets

Cryptocurrencies and “Crypto Dollars” are no longer a passing fad as the narrative has been for the past 3 or so years, with the US Dollar increasingly losing its shine to the two. In a trend that has been on the rise, while cryptocurrencies, notably Bitcoin, Ethereum, Cardano, and stablecoins seem to have outshined themselves […]

2022-1-28 11:33


Фото:

Indonesia Hosts International Summit to Enlighten Lawyers on Cryptocurrencies

In an effort to curb illegal use of bitcoin and other blockchain-based cryptocurrencies, and make it easier for law enforcement agents to recognize and fight crypto-fueled crimes, the Indonesian government is hosting an international conference made up of Turkey, Singapore, Australia, Malaysia, Thailand, Russia and Hong Kong, according to reports on October 2, 2019.

2019-10-3 01:00


Фото:

Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report

Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions. According to an investigation by Spanish newspaper ABC, President Nicolas Maduro and his administration are using a digital wallet app called Jetman Pay to convert tax revenue from one of the country’s main airports into Bitcoin and other cryptocurrencies.

2019-7-26 14:02


Bitcoin Researcher Analyzes Crypto Twitter Mentions, Predicts Bearish BTC Future Based on Drop

Blockchain and crypto have been largely compared to the dot com bubble era, even though others think it’s incomparable. This notion has led industry stakeholders to believe that cryptocurrencies such as Bitcoin are ground-breaking, and therefore are inclined to using barely trustworthy market indexes in determining the performance of cryptocurrencies. This notion was reaffirmed last […]

2019-2-5 00:38


Фото:

Bitcoin’s Non-Correlation Shows Risk of Diversifying Cryptocurrencies

The belief that cryptocurrencies have a correlation to traditional markets may be leading amateur investors down the wrong path putting their portfolio at risk. Cryptocurrency Not Inversely Correlated to Larger Markets There’s been plenty of discussion on whether Bitcoin and other cryptocurrencies are correlated to commodities and larger financial markets.

2018-8-18 22:00


Фото:

Still Bullish on Bitcoin Despite Bithumb Hack: Brian Kelly and Charlie Lee Weigh In

Both Brian Kelly and Charlie Lee remain bullish on Bitcoin despite the recent hack of Bithumb, which resulted in the theft of over $31 million worth of cryptocurrencies.   Brian Kelly: Things are Different for Bitcoin This Time Around Earlier this week, South Korean exchange Bithumb – currently the eight largest cryptocurrency exchange by means of trading volumes – was hacked, resulting in the theft of more than $31 million worth of cryptocurrencies.

2018-6-22 09:00


Фото:

Government Save Bank of St. Louis Includes Crypto Cost Following to Inquire about Database

The Federal Reserve Bank of St. Louis will now be tracking the prices of four cryptocurrencies on their research database, according to a June 19 post on the bank’s website. The database, called the Federal Reserve Economic Data (FRED), will now include the prices of Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) from

2018-6-22 00:48


Bitcoin [BTC], Litecoin [LTC], Ethereum [ETH], Bitcoin Cash [BCH], Zcash [ZEC] now accepted by Freedom of the Press Foundation

Freedom of Press, on June 18th, tweeted that it will accept donations in five cryptocurrencies – Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and ZCash. It was founded for the purpose of protecting and defending the adversarial journalism and does so through crowdfunding, digital security, and internet advocacy.

2018-6-21 05:02


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Traders dump Cardano and IOTA as they move to Vantard

Cardano and IOTA, two of the best-known players in the crypto industry, have underperformed the market over time as they evolved into ghost chains. A ghost chain is a blockchain whose coin is popular, but one that lacks a supportive ecosystem.

Crypto fear and greed index dive as focus shifts to Vantard

The crypto fear and greed index continued falling, reaching its neutral zone of 56, as most coins retreated.   Bitcoin moved to $68,000, much lower than this month’s high of $73,500. Similarly, Ethereum token fell to $2,400, while the total market cap of all cryptocurrencies dropped to $2.

Why experts are backing cryptos like Vantard, MEW, and Popcat

Cryptocurrency prices are doing well this year, with most of them outperforming traditional assets like the S&P 500, Nasdaq 100, and the Dow Jones. These indices have all jumped by over 15%, while Bitcoin has risen by almost 60%, and is hovering near its all-time high.

Growing number of Solana and Cardano investors are investing heavily in this utility token under $0.08

A growing number of smart money crypto investors are shifting their focus from Solana (SOL) and Cardano (ADA) to an emerging utility token priced under $0.08. The Rexas Finance token offers a unique value proposition with strong use cases in decentralized finance (DeFi) and real-world asset tokenization, making it an attractive alternative to more volatile […] The post Growing number of Solana and Cardano investors are investing heavily in this utility token under $0.08 appeared first on CoinJournal.