Breaking: XRP, Ethereum, Tron and Other Altcoins Having a Blast While Bitcoin Flat at $10,200
- XRP leading the crypto market with 14% gains
- BTC trading around $10,250 while dominance drops to 70%
Bitcoin is stable and boring right now as its volatility takes a whopping 61 percent drop in the past two months.
Stuck in a tight range, Bitcoin is currently trading at $10,242 with 24 hours gains of 0.76%, as per Coincodex.
Altcoins, on the other hand, are having a party!
everything is breaking out
— CryptoWolf (@IamCryptoWolf) September 17, 2019
XRP is the winner among the top cryptocurrencies with 24 hours gains of almost 14% while trading at $0.295.
The second-largest cryptocurrency is finally getting to enjoy good gains after being one of the worst-performing assets of 2019.
The digital currency is still down 91.63% and in the negative by over 18% YTD but these gains might be the start of the alt-season after all.
XRP is followed by Tron which is up by over 12% at $0.0173 but to reach its all-time high, it still has a long way (92%) to go.
Ethereum started surging yesterday and today as well, it is going strong by recording 9.25% gains in the past 24 hours, trading at $210.
BY THE POWER OF VITALIK
— moon (@MoonOverlord) September 17, 2019
“I do think ETH will officially lead our alt-season and its almost time. One last leg down here and I think markup will commence,”
called out trader Credible Crypto in late August and looks like it might have officially begun.
The worst performer of 2019, Stellar — which is still down 45% YTD — is up by 8.09%.
Today’s least gainers after Bitcoin are Monero, up by 1.43%, and with just over 3% gains LEO, HT, Ethereum Classic and Cosmos (ATM).
Biggest altcoins capitulation is over after Binance closed its gates to U.S users.
These are the times that you want to try and catch some dips on alts, (if you are lucky).
I feel pretty confident to call this now, Altcoin/BTC bottom is in. pic.twitter.com/2nrfiGaopl
— Bit฿it (@BitBitCrypto) September 17, 2019
Total market cap has added only about $5 billion so far as it reaches to $268 billion. BTC dominance, meanwhile, has taken a dip to 70.23% from 72.7% last week.
Now, it’s to be seen, with Bakkt’s physically delivered daily and monthly Bitcoin futures ready for launch, if altcoins will continue this party or Bitcoin will get back in the game.
“Reminder that BTC is gonna move in a week or two. Position yourself well by then. For Traders: If you're bullish, stick to BTC. If you're playing alts, at least have a low lev margin long on BTC. If you're bearish, make sure you're hedged. For Holders: Well, keep HODLING,”
adviced trader Crypto Squeeze.