
Ethereum hits $2.6K all-time high as Bitcoin market dominance falls below 50%
Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%.
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Altcoins begin to deliver gains on Thursday, while Bitcoin stays down, bringing its market cap dominance below 50%.
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A weakening Bitcoin presence could give altcoins the moonshot they have waited for for three years.
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Although Bitcoin is struggling to recover from its recent crash, Ethereum is pushing toward a new high and prompting several altcoins to rally.
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Ripple-issued token XRP has been the most popular altcoin among institutional investors as the assets under management (AUM) in related financial assets nearly doubled, a report published by asset manager CoinShares earlier this week showed.
The post Institutional investments in Ripple’s XRP nearly doubled last week appeared first on CryptoSlate.
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Ethereum is breaking out against Bitcoin and traders are turning bullish on ETH/BTC and altcoins.
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Capital inflows into altcoin-based investment products reached their highest point last week since early March.
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Institutional investors have rallied around XRP and other altcoins this past week, with nearly $33 million being injected in XRP investment products.
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Altcoins have been on a real tear for months, but Jarvis Labs analyst Ben Lilly says we’re not in an “alt season” just yet.
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After the initial oversold bounce, traders are struggling to sustain the momentum of the relief rally in Bitcoin and most altcoins, a signal that selling could intensify at higher levels.
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The billionaire crypto advocate and Galaxy Digital Founder believes that altcoin markets are frothing at the bit.
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Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash price doubled as altcoin forks start to gain traction.
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Dogecoin and Maker stole the spotlight as the hype around COIN faded and Bitcoin consolidates near $63,500.
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New partnerships and protocol upgrades back the strong rallies seen in Horizen, Hedget and Zcash over the past few months.
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DOGE, the native cryptocurrency of Dogecoin, rose 123% in the past seven days as the altcoin market saw a resurgence in momentum.
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Today’s Coinbase (COIN) listing is likely to remain a focal point that will dictate the short-term price action in Bitcoin and altcoins.
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The current speculative trend and Ethereum’s price premium suggest that the altcoin’s price could more than double over the next 7 weeks.
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