RATE Group | Stellar and Tron lead the action
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Stellar and Tron lead the action

13 Feb Stellar and Tron lead the action

Posted at 05:33h in Bitcoin News by

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  • Bitcoin dominance falters as altcoins gain confidence that their season is nigh.
  • Stellar and Tron bulls have mad incredible progress from January but they are certain they are not quite there.

Bitcoin dominance in the market is facing rocks and losing ground fast compared to last year, when it hit levels above 70. Altcoins led by Ethereum, Ripple, Tron and Stellar hint that their season is about to begin.

Interestingly, in spite of Bitcoin’s dominance sliding to 61.8%, its price continues to achieve milestone after milestone in 2020. From last December low slightly under $6,500, Bitcoin has approached $10,500. Besides, technical analysis has shown that the top is not even in sight and, therefore, more upside action is expected in the coming weeks.

Read more: Bitcoin Price Analysis: What drives BTC/USD rally towards $11,000?

Stellar price update

Stellar price is up a whopping 11% in the last 24 hours. The gains come after a slight consolidation above…

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