Sentences with phrase «as the altcoin rally»
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Cryptocurrencies declined in value on Sunday, as bitcoin and the major altcoins struggling to extend their weekend rally.
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The cryptocurrency market added nearly $ 30 billion in value this week, as bitcoin and the major altcoins extended their relief rally.
The ripple price, meanwhile, declined nearly 11 percent as the weeklong altcoin rally appears to have hit a wall.
Cryptocurrencies declined in value on Sunday, as bitcoin and the major altcoins struggling to extend their weekend rally.
As for what caused the altcoin rally to end, one simple explanation is that cryptocurrency traders have once again become interested in bitcoin.
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
This week's spike in the price of Bitcoin was met with equally impressive rallies in a number of altcoins, with Dash, Ethereum and Litecoin soaring to all - time highs as well.
Earlier this year, some investors had moved away from Bitcoin, becoming interested in altcoins, such as Dash, Ether, and Monero, either as a hedge against the cryptocurrency's volatility or because they had missed a Bitcoin rally.
2018 did not begin on a good note for Bitcoin as the monster rally leading to Christmas crashed, but it made a bit of a recovery in and among a boom for a number of altcoins.
Altcoins continued to shine in the last couple of days, but for a change, Bitcoin rallied together with the other majors, as the Bitcoin Cash chaos of the weekend fizzled out although the BTC and BCH still trade with high volumes.
The combined value of all cryptocurrencies in circulation approached half a trillion dollars on Tuesday, as bitcoin's rally extended to leading altcoins such as Ethereum and Litecoin.
This rally has been altcoin - driven, and, as the bitcoin price continues to languish below $ 14,000, the flagship cryptocurrency's market share has reached a historic low.
Buying stock in these startups is no easy task, as opposed to buying Bitcoin or altcoins, which is also a driving factor in the cryptocurrency rally.