RATE Group | Great Day for Ethereum, Bitcoin Loses Dominance
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Great Day for Ethereum, Bitcoin Loses Dominance

Great Day for Ethereum, Bitcoin Loses Dominance

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Wednesday was a great day for Ethereum (+6.9%), which seems headed soon to challenge the $370 high made in June 2019. In yesterday’s move, Ethereum reached 15 percent appreciation and touched the $275 level. Bitcoin (+0.56%) lagged most altcoins and was stuck in a tight range between $10260 and $10,440. Besides Ethereum, also Ripple (+11.62%) moved strongly and now is above its $0.32 level. Also strong movers were Litecoin (+5%), Tron (+7.6%) Neo (+8.77%) Cardano (+9.8%), and, notably, HBAR that went 50 percent up.

Ethereum tokens had excellent movers, such as NEXO (+6.6%), REP (+6.1%), BAT (+4%), and MKR (+3.3%). Others, such as LINK (-1.36%), LEO (-0.65%), or SNX (-5.9%), were consolidating past gains or retracing.

Coin360

The market cap of the crypto sector moved to 306.888 billion (+3.85%), its highest valuation since July 2019. That increase was achieved with a 24 percent increment in the traded volume, which was $69.89 billion in the last 24 hours. Bitcoin…

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