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

Crypto Market Cap at 6-Week High: Polkadot (DOT) Explodes 16% (Market Watch)

Crypto Market Cap at 6-Week High: Polkadot (DOT) Explodes 16% (Market Watch)
The bitcoin bulls continued their offensive in the past 24 hours as the asset reached yet another 2-month high of over $42,500. Most alternative coins have outperformed their leader, including ETH, BNB, and DOT, which has jumped by more than 16% in a day.
Green Altcoins; DOT Adds 16% of Value
The altcoins were relatively stagnant yesterday, but the situation is significantly different today. Ethereum traded around $2,450, but a 6% increase has driven it to approximately $2,600. Moreover, ETH even reached $2,650 earlier today, which became its highest price tag since June 15th.
Binance Coin’s performance was somewhat sluggish recently, with all the regulatory concerns surrounding the leading cryptocurrency exchange. However, BNB has spiked by 7% in a day and exceeded $340 for the first time since June as well.
Cardano (5%), Ripple (3.5%), Dogecoin (3.5%), Uniswap (5%), Bitcoin Cash (2%), Chainlink (6.5%) and Litecoin (3.5%) are also well in the green. Polkadot is the most substantial gainer from the larger cap alts with a 16% surge. As a result, DOT trades well above $18.
Cryptocurrency Market Overview. Source: Quantify Crypto
 
Siacoin has added the most value from the top 100 coins. A 37% pump has driven SC to around $0.02. Quant (27%), IOTA (19%), Ankr (16%), Basic Attention Token (15%), DigiByte (13%), OKB (12%), Filecoin (11%), and Solana (10%) follow suit.
Consequently, the cumulative market cap of all crypto assets is up to $1.660 trillion. This means that the metric is up by $40 billion in a day and $140 billion in two days.
Bitcoin Touched $42.5K
The primary cryptocurrency has led the charge in the past week or so after it successfully bounced off from the sub-$30,000 price drop. It added more than $10,000 since then and kept climbing upwards, as reported yesterday.
It reached its highest price tag since the mid-May crash of $42,300 (on Bitstamp), but another leg up hours ago led to a new two-month high of $42,700.
As of now, BTC has retraced by about $1,000, and its market capitalization is just shy of $800 billion. Its market dominance, though, has dropped by about 1% in a day as the alternative coins have gone on a tear.
BTCUSD . Source: TradingView

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ Crypto Market Cap at 6-Week High: Polkadot (DOT) Explodes 16% (Market Watch)


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