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30 Jan Altcoins retrace while Bitcoin Pauses
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Unsurprisingly, cryptocurrencies took a break and had been losing steam and retracing all day, on a profit-taking day. The most bearish in the last 24 hours were Tron (-6.25%) and ATOM(-4.38%), followed by Litecoin (-2.85%) and Ripple (-2.82%). But that didn’t mean there weren’t advances. ZCash(+6.8%), Lisk (+15.35%), and, notably, Karma (+92.72%) were among the best climbers.
The Ethereum token section was mostly in the red, SNX(9%) being the worst performer. But there were also good looking assets such as MOF(+5.27%), QNT(+16.47%), and WAX(+28%).
The market capitalization of the sector fell 0.28 percent to $255.618 billion, and the volume traded in the last 24 hours was $41.236 billion (-16.5%). Finally, Bitcoin dominance is kept at 66.34%.
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