BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Cardano and XRP Join List of Crypto Assets Outpacing Bitcoin (BTC) As Analyst Warns Altcoin Season May Face Abrupt Ending

Cardano and XRP Join List of Crypto Assets Outpacing Bitcoin (BTC) As Analyst Warns Altcoin Season May Face Abrupt Ending
‎‎‎ ‏‏‎
Cardano’s impressive 2020 rally has resumed as Ripple’s native token XRP joins the list of crypto assets outpacing Bitcoin (BTC).
Headlining the weekly list of best-performing cryptocurrencies with a market cap of $1 billion or higher is Stellar Lumens (XLM), with gains of over 42% in the last seven days, according to Coin360 . Taking the second spot is decentralized oracle network ChainLink (LINK) after skyrocketing over 30% in the same stretch. Supply chain management protocol VeChain (VET) grabs the third spot soaring 29.26%.
Cardano (ADA) lands at number four posting gains of over 28%, followed by Tezos (XTZ) and Bitcoin Satoshi Vision (BSV) with growth of 19.15% and 18.54%
Sitting at number seven is utility coin Binance Coin (BNB) after climbing 15.64%. At number eight is Ripple as it records an increase of over 14%. Completing the top ten list are privacy coin Monero (XMR) and digital content entertainment system protocol TRON after surging 9.96% and 9.77%.
Bitcoin is down 0.16% in the last seven days at time of writing.
While large-cap altcoins are flexing their muscles, not all analysts believe that bulls will remain in control in the near term. A popular strategist known in the industry as CryptoAmsterdam tells his 15,000 Twitter followers that he believes the end of the altcoin season is in sight.
“I do think the altcoin party will end very soon… [Bitcoin] dominance [at] weekly support. BTC ranges for 70+ days. BTC volatility at lows only seen four times since 2017. These lows were followed up by 50%-250% BTC moves. Q3 has been bearish historically.”
Meanwhile, fellow analyst Nicholas Merten believes a long-term altcoin bull run may be underway after the collective altcoin market broke a key line of resistance against BTC. Cardano is the one altcoin that he’s worried may soon retreat after its remarkable rally from 3 cents at the start of 2020 to its current price of 12 cents.
‎‎‎ ‏‏‎
Check Latest News Headlines Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
The post Cardano and XRP Join List of Crypto Assets Outpacing Bitcoin (BTC) As Analyst Warns Altcoin Season May Face Abrupt Ending appeared first on The Daily Hodl .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News


Buy Bitcoin online in ANY country, supporting 80+ Payment methods!