cryptocurrency market altcoin news

The cyrptocurrency market today rebounded and moved above the resistance level at US$110.00B. At press time, 98% of the top 100 altcoins in the ALT100 index are in the green.

Crypcurrency Market News – Movers & Shakers in the Rebounding Market

The largest cryptocurrency in terms of market capitalization, Bitcoin (BTC), is increasing at over 6% rate. At press time, BTC/USD price is trading at US$3561.9, thereby crawling closer to the crucial resistance at US$3,633 level. A sharp rally is seen in case of Ripple, Ethereum, and Bitcoin Cash cryptocurrencies too.

Many cryptocurrencies are also increasing at a double-digit rate. In the top-10 cryptocurrency market list, the cyrptocurrencies that are showing a phenomenal increase are –

  1. Ripple (XRP): Increasing at almost 15% rate
  2. EOS (EOS): Increasing at almost 24% rate
  3. Stellar (XLM): Increasing at over 12% rate
  4. Cardano (ADA): Increasing at almost 11% rate

cryptocurrency market altcoin news

Other altcoins that are increasing at a double-digit rate in the top-100 cryptocurrencies are:

  • IOTA (IOT)
  • Dogecoin (DOGE)
  • Qtum (QTUM)
  • Ontology (ONT)
  • DigiByte (DGB)
  • ChainLink (LINK)
  • Pundi X (NPXS)
  • Holo (HOT)
  • BitcoinPrivate (BTCP)
  • Waltonchain (WTC)
  • HyperCash (HC)
  • Loopring (LRC)
  • Monacoin (MONA)
  • Dragonchain (DRGN)

However, the most impressive show was put by EOS, which at one point of time was rallying at over 30% and the EOS/USD price jumped above the resistance level at US$2.50.

Cardano (ADA) successfully moved above the strong resistance levels at US$0.0300 and US$0.0320. At one point of time, prices of Stellar and Dogecoin shot up by over 15% and 20% respectively.

Altcoin News – EOS has Moved to 4th Position by Overtaking Litecoin, Tether, and Stellar

EOS struggled a lot below the strong resistance level at US$2.00. Once it moved above this level, the EOS price gained pace and broke other resistances at US$2.20 and US$2.50. It rallied towards US$3.00 but now consolidating over the crucial support at US$2.40. At press time, EOS/USD price is trading at US$2.45. After this phenomenal performance, OES has jumped to 4th position in terms of market cap, which stands at US$2,179,644,023 (at ALT100 index).


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