Not exact matches
This led to a similar
rise in the
price of alternative blockchain tokens, dubbed «
altcoins.»
Thursday saw a major but short lived correction in Bitcoin's sudden
rise to $ 1100 and once the
price dropped below $ 10,000 people started dumping alt - coins bringing down the
price of most major
altcoins.
Reason being the recent
rise in
prices of
Altcoins like Ethereum, Dash, Litecoin, etc has made investors and traders shift their interest from Bitcoin to
Altcoins.
As bitcoin's share of the market grows, its ability to influence
altcoin prices has also
risen.
Since Bitcoin has been through numerous hard forks in the last couple months and only the Segwit2x fork remains, we can expect to see the same pattern in
price movements emerge where the
price of Bitcoin will keep
rising until November 14, 2017 and then the growth will trickle into
altcoins after the hard fork has taken effect.
Furthermore, the BTC
rise has definitely affected
altcoins who are not experiencing the traditional
price spikes they usually get when BTC rallies.
Like many other
altcoins, the Kyber token followed the same trend by
rising in
price in December and losing its value at the beginning of January 2018.
Also read: Lawnmower: Industry - Grade Information for a Next - Gen
Altcoin Exchange Bitcoin
Price Technical Analysis: $ 920 Rally a Likelihood Long - Term Analysis After confirming a strong bullish consensus,
prices are building intermediate levels as support references for when the next
rise to $ 820
Other
altcoins rose with the same audacity not just in terms of dollars but also in BTC
prices.
Many
altcoins achieved slight
price bumps as well, enabling the total cryptocurrency market cap to
rise above the $ 170 billion mark.
It is already ahead of major
altcoins such as Dash, Litecoin, and Monero and has
risen hundreds of dollars in
price since its initial listings and is
The
altcoin has
risen in
price by more than 7000 percent in 2017, with the
price going from $ 3.63 since January this year to a high of $ 302.
Heigh - Ho, Heigh - Ho, It's Off To Work We Go As the
price of Bitcoin
rises it has the knock - on effect of causing a
rise in the rest of the cryptocurrency market with most other
altcoins also seeing sizeable gains in value.
Once the
price has
risen, they sell their
altcoins for a healthy profit, at the same time hurting unsuspecting investors during the process.
In fact, it is thanks to the Bitcoin
price drop we see so many different
altcoins successfully
rise in value again.
The move comes amid sharp
rises in the
prices of many alternative cryptocurrencies, or
altcoins, along with the spike in bitcoin
prices.
Although far off its all - time high, like many
altcoins, Clams»
price has been on the
rise lately:
i think stellar is the new
rising star in crypto market and those who are looking to find the best low
price altcoins, then XLM is the one you should taken into consideration...
Altcoins Forge Ahead as Bitcoin
Price Pulls Back In our last discussion, the notion that ether was harming bitcoin's ongoing
rise was explained.