How Bitcoin Rise Affected Altcoins

After Bitcoin broke an all-time record of $ 68 thousand, the expected correction came, and after a loss of about $ 7 thousand, the price of BTC saw $ 60 thousand again.

In fact, the price, which saw $ 59,400 on Bitstamp, started to rise again and continues to trade at $ 62,800 as of the moment.

This rise has also had a positive effect on altcoins and the earnings chart has been triggered in the last 24 hours. Its total market capitalization has recovered to more than $130 billion.

On the other hand, BTC’s dominance over altcoins, whose market value is approaching $ 1.2 trillion once again, increased to 45.5% in one day.

Which Popular Altcoins Are On The Rise?

Dropped below $4,000 a few days ago EthereumIt is currently trading at $4,180.

Binance Coin, polkadot, cardano, Ripple, terra, chainlink and Avalanche Altcoins like these have satisfied their investors with small gains.

dogecoin on the other hand, it has gained more than 6% since yesterday and continues to trade at $0.265.

Popular altcoin of recent times witherThe expected increase was realized and there was an increase of 7%. SOL price, which reached $212, is momentarily just a few units away from its all-time high of $216.

As a result, thanks to the rises seen in many other low-volume altcoins, the cumulative market value of all crypto money assets increased by 130 billion dollars in one day, reaching the level of 2.6 trillion dollars.

As the picture became like this, the hope of altcoin investors was renewed again. Let’s see how Bitcoin, which is expected to rise further in the future, will affect other coins.

For exclusive news, analysis, any questions and discussions Telegram our group and twitter Follow our account now! also Our Android AppStart live price tracking now by downloading !


source site