Crypto asset markets are starting to settle following an epic pump that added $20 billion to total capitalization. Several altcoins made their largest daily gains for several months, and here are the top five.
Over the past 24 hours, cryptocurrency markets have made their largest move for several months pushing total market cap to almost $245 billion. Since the beginning of the year, the market has grown by 26% adding over $40 billion in total.
Altcoins, which are still in a two-year bear market, are driving momentum at the moment as bitcoin dominance falls back to 67%, but which ones are leading the pack? We’ll take a look at the top one hundred cryptos.
Bitcoin SV
Craig ‘Faketoshi’ Wright’s bitcoin spinoff is grabbing all the headlines at the moment. As rumors of private key discovery emerge, the premise that the Satoshi claimant may have access to a multi-million dollar BTC ‘Tulip Fund’ has sent speculators into a frenzy.
BSV has surged almost 130% over the past 24 hours to flip its brother Bitcoin Cash as its market cap tops $7 billion. It hit an all-time high just over $400 a few hours ago.
Bitcoin Gold
Another spawn of BTC is also one of the top performers of the day. BTG, which has done nothing since April 2018, lifted off a few hours ago surging from $8 to just below $20.
This epic move has added almost 140% to the price in less than 24 hours and has largely been driven by the movements of BSV and BCH.
Bitcoin Diamond
It is no surprise then that the third peculiar knock-off of bitcoin has also made a massive pump today. BCD mirrored the moves of its hard forked brethren surging over 80% on the day from $0.42 to $0.77.
There appears to be nothing specific driving momentum for these chains aside from general FOMO and their perceived low price. Halvings of the hard forks are all set for this year also.
Dash
This privacy-based crypto asset has surged back up the coin cap charts to take 14th spot with a monumental pump today.
A 70% surge took Dash from an intraday low of $76 all the way up to $130. The altcoin is big in South America where FOMO appears to have taken hold over the past few hours.
$DASH has exploded in price over the past 30 mins, up 48% in this timeframe. Weekly price is up an #altcoin leading 132%, and 80.3% in the past day. The increasing development activity for @Dashpay is undoubtedly paying dividends for patient investors. https://t.co/IPrNsEYxsn pic.twitter.com/CQ3z4Vj9BW
— Santiment (@santimentfeed) January 15, 2020
Ethereum Classic
ETC is the fifth top performer today outpacing its big brother by a factor of two. Ethereum Classic has notched up a 36% gain from $5.70 to reach $7.75 today.
Again there appears to be little specifically driving this momentum aside from general altcoin bullishness.
The next five top performers in the top fifty altcoins according to Coinmarketcap.com include Bitcoin Cash, BAT, Zcash, EOS, and Ontology. Altseason hopium has returned but cryptos have a long way to go before their in a true bull market.
Will the bitcoin hard forks continue to crank higher? Add your thoughts below.
Images via Shutterstock, Coinmarketcap, Twitter: @santimentfeed The post appeared first on Bitcoinist.com. origin »
Bitcoin crossed above a key resistance and several altcoins appear on the verge of a short-term breakout, suggesting the Santa Claus rally is about to start
Cryptocurrency investors have been pushed to move beyond Bitcoin (BTC). With hundreds of altcoins to choose from and several seeing some massive gains thanks to the 2017 bull run, investors have had their pick of the litter when it comes to making speculative investments on what they believe would be the next big thing.
A dip below $7,000 has been on the cards for Bitcoin for some time now. What is surprising though is that the altcoins have been pummeled again with several high cap crypto asserts dropping as much as 8 percent overnight.
Two years ago, as Bitcoin inched closed to the $20,000 valuation, several altcoins joined the rally. None more so than XRP, the premier payments-centric cryptocurrency enjoyed a massive high in late-2The post XRP at crossroads: 30% uptick or gloomy lows of $0.14? appeared first on AMBCrypto.
The Tezos (XTZ) price has increased by 130 percent since the beginning of November. The upward move has been showing signs of weakness and a corrective movement is expected. On December 11, several altcoins posted double-digit losses, lead by Matic Network (MATIC), which decreased by 70 percent.
Since November, several altcoins have taken advantage of Bitcoin’s sideways trading and produced double-digit gains that are catching the attention of many traders
Bitcoin and the aggregated crypto markets have been facing increasing bearishness over the past several days and weeks, with many major altcoins posting massive losses as BTC remains stuck below the key resistance levels that will determine whether or not its market structure is bullish.
Several major altcoins have begun to show signs that indicate they will soon begin a new market cycle. We are going to analyze two of them, Cardano (ADA) and Basic Attention Token (BAT), while comparing them with one that has already broken out, WABI.
Several altcoins are starting to move exponentially despite Michael Novogratz’s claim that the “market is getting smarter. ” VeChain, for instance, has been on a rampage surging nearly 185 percent in the last 22 days.
Several altcoins are starting to move exponentially despite Michael Novogratz’s claim that the “market is getting smarter. ” VeChain, for instance, has been on a rampage surging nearly 185 percent in the last 22 days.
The majority of the cryptocurrency market has been on an upward trend in 2019. After reaching a high in June, the price of most coins has been decreasing. However, the Bitcoin price has had a higher rate of increase and a lower rate of decrease than most altcoins.
Many people thought they would get rich investing in altcoins back in 2017. Most of them were wrong. At the height of the crypto bubble, the price of almost all altcoins were going up, but now most of them are worthless assets.
Throughout 2019, almost the entirety of the cryptocurrency market has been on an upward trend. This movement, however, has had a higher rate of increase in the Bitcoin price than that of major altcoins.
The cryptocurrency markets are continuing a diversification trend whereby most altcoins are seeing moderate increases, with several strong outliers. Bitcoin has grown by $200 dollars in a sudden move, continuing to establish a descending triangle pattern on lower time frames.
Throughout 2019, most of the cryptocurrency market has been on a bullish trend. This increase, however, has been more pronounced in the Bitcoin price than that of altcoins. Therefore, the altcoin market cap dominance has been consistently shrinking.
Bitcoin has been caught in a firm uptrend over the past several days, which has begun spilling over into the aggregated altcoin markets, with multiple smaller cryptocurrencies like NEO posting meteoric gains over the past-24 hours.
The leading cryptocurrency has been trading around $8,000 since late September. Though several times we dropped below $8k level, seeing $7,685 at one point, we climbed back up to $8,000 soon after. At the time of writing, BTC/USD has been trading at $8,064 with 24 hours gains of 0.93%, as per Coincodex. Trading volume also […]
Bitcoin has been stuck in a period of consolidation for the past several days and weeks, which has proven to be a positive thing for altcoins, as many have been able to post decent gains over the past few days.
Throughout the first half of 2019, XRP’s price was stagnant within the mid-$0. 20 region, and it failed to incur any momentum that matched that incurred by other major altcoins that posted meteoric gains throughout the first several months of 2019.
XRP, the third-largest cryptocurrency by market cap, has had quite a forgetful year. On one hand, other altcoins, despite not making any stellar progress, did manage several bullish price movements from time to time in 2019.
Towards the end of September, the price of almost all cryptocurrencies was seen dropping by more than 10%. While several altcoins hit a yearly low, Bitcoin was seen falling by over 9% in just an hour, which further pushed the coin’s price down to four digits.
Altcoins are back in style. As the price for one bitcoin has increased to trade around the $8,450 level, several top altcoins are posting double-digit gains against a generally-green backdrop, while Ethereum is on a roll – gaining almost 6% over the last 24 hours.
Social media mentions of “altcoin season” were fewer and far between in the past weeks, after several crashes almost erased the gains made in 2019. Altcoins gave way to growing Bitcoin (BTC) maximalism, as the leading coin outperformed most smaller assets.
Last week, the price of several cryptocurrencies was seen plummeting by over 10% following the carnage in the crypto market. Various altcoins were heading towards yearly lows, one of which was Ethereum.
Ethereum (ETH) has been closely tracking the price action of Bitcoin and most other major altcoins over the past several days, but it appears that it is beginning to establish its own momentum as it climbs towards $180.
Bitcoin’s price action has grown stagnate in the lower-$10,000 region over the past several days, which has proven to be a positive thing for multiple major altcoins, as they were able to post large gains yesterday with Ethereum leading the way.
Bitcoin has quite evidently dominated the ecosystem since the time of its origin. Bitcoin’s dominance and popularity in the financial world have quite often resulted in the community debating about altcoins.
Security Service of Ukraine (SBU), the nation’s primary law enforcement authority, has arrested several individuals for illegally mining bitcoin (BTC) and altcoins at the state’s nuclear power plant (NPP), reports RT on August 22, 2019.
One of the many innovative concepts being introduced to Bitcoin and several top altcoins is known as the Lightning Network. Despite still in the experimental stage, it seems this technology has received a lot of attention.
Let’s take the limelight off Bitcoin for once. The altcoin community is just as important as the largest cryptocurrency in the world. Presently, while several altcoins are focused on increasing their valuation, many others are focused on development.
Bitcoin’s performance against other altcoins has been a much-discussed topic in the cryptocurrency industry, with the world’s largest digital asset giving a tough competition to rest of the market.
Bitcoin’s rollercoaster movement has been the highlight of the cryptocurrency market, with several altcoins following the patterns set by the world’s largest digital asset. After Bitcoin fell back into a cycle of slow sideways movement, large-cap altcoins like Ethereum and XRP showed similar behavior on the charts, with minuscule changes in their price and market […]
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In the cryptocurrency world, most people are in it to make money. Although some users will say they believe in the technology, they represent a minority among the current community base. When trying to make money with Bitcoin and select altcoins, margin trading becomes a very appealing option.
Several cryptocurrency analysts have opined that the altcoin season is near even though Bitcoin, the top cryptocurrency by market cap has shown more gains in the past few months. Like these analysts, Barry Silbert, founder, and CEO of Digital Currency Group, a venture capital company has stated that it’s beginning to feel like the right […]
The post Barry Silbert: This is The Time for Quality Altcoins to Surge with Bitcoin appeared first on ZyCrypto.
Binance will turn two on July 12 this year, and the exchange had always been ready to announce a host of additions and updates complimenting Bitcoin and its peer altcoins. The Changpeng Zhao-led exchange has introduced many upgrades and rolled out several interesting features over the last few weeks.
Bitcoin has been facing mounting selling pressure ever since it first flirted with $13,800 last week. This subsequent drop has led most altcoins to erase the majority of the gains that they have incurred over the past several weeks.
Following last week’s upsurge, Bitcoin has taken a major decline. One that began on the 27th of June and into the new month, alongside other altcoins. The month of July has greeted the entire cryptocurrency market with a present reign of the bears, which at this time have led the big bull to drop by […]
The post Bitcoin Kick Starts The Week With A Downswing Along With Several Altcoins appeared first on ZyCrypto.
Can Bitcoin pull its weight? For years that has been the question dominating the fray within the cryptocurrency space, especially during its nascent phase. As the months went on, several altcoins began entering the space, with many reframing the question to, can Bitcoin pull the market? The tussle between the Altcoin season and the Bitcoin […]
The post Bitcoin: Institutional Investors peg king coin’s dominance to sustain through 2019 appeared first on AMBCrypto.
In over a decade of its existence, Bitcoin [BTC] has found itself going toe-to-toe with several prominent financial assets in different areas. In the medium of exchange space, Bitcoin has faced the wrath of fiat currencies, most notably the US Dollar and in the store of value sense, the digital gold was at odds with […]
The post Bitcoin vs.
Crypto markets holding on to weekend gains; Bitcoin still dominating, XRP moving up, ETH retreating slowly. Market Wrap Crypto markets have held on to weekend gains and there has been no typical ‘Red Monday’ reaction so far.
The aggregated crypto markets have been facing an influx of bullish momentum over the past several months that is showing few signs of slowing down anytime soon. This momentum is allowing altcoins, like Ethereum (ETH), to incur strengthening technical formations that will likely allow it to surge higher in the near-future.
The ICO boom of 2017 was the major reason behind many altcoins pumping massively. Several coins without proper resource allocations raised millions of dollars and delivered nothing, while coin holders took profits.
Regulations within the cryptocurrency industry have always been tricky to maneuver around. However, the ecosystem’s uncertainty is forcing some players to take caution and guard against the changing landscape.
Bitcoin Association, a non-profit responsible for the Bitcoin SV (BSV) blockchain, has revealed intentions to freeze block rewards and sue a malicious miner for breach of contract, according to an Oct 16 press statement.
Bitcoin SV (BSV) has released “Blacklist Manager,” the first software tool that enables BSV miners to freeze stolen or lost coins in compliance with court orders.
Dubbed to be the “Original Bitcoin,” BSV, or Bitcoin Satoshi Vision skyrockets in the face of a crypto market crash seen in the past 24 hours. BSV is certainly generating a lot of attention from investors as it remains unfazed by the malingering crypto market decline.
Bitcoin is fast approaching the much-awaited halving event, but its main forks will start first. BCH will reduce its block reward today, while BSV will do this later this week. BCH, BSV Price Hit 1-Month High The Bitcoin community is preparing for one of the most important events that takes place once every three or four years – the halving.