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 –
- Ripple (XRP): Increasing at almost 15% rate
- EOS (EOS): Increasing at almost 24% rate
- Stellar (XLM): Increasing at over 12% rate
- Cardano (ADA): Increasing at almost 11% rate
Other altcoins that are increasing at a double-digit rate in the top-100 cryptocurrencies are:
- IOTA (IOT)
- DASH (DASH)
- Dogecoin (DOGE)
- Qtum (QTUM)
- Ontology (ONT)
- DigiByte (DGB)
- ChainLink (LINK)
- Pundi X (NPXS)
- Holo (HOT)
- BitcoinPrivate (BTCP)
- Waltonchain (WTC)
- HyperCash (HC)
- MOAC (MOAC)
- 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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