RATE Group | These Are The Only 2 Cryptocurrencies That Beat Bitcoin’s ROI Today
87238
post-template-default,single,single-post,postid-87238,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

These Are The Only 2 Cryptocurrencies That Beat Bitcoin’s ROI Today

02 May These Are The Only 2 Cryptocurrencies That Beat Bitcoin’s ROI Today

Posted at 11:52h in Cryptocurrency News by

Traders are ecstatic as the cryptocurrency markets finally recover from the recent crash of March 12 amid the novel Coronavirus (COVID-19) pandemic. At that time, Bitcoin (BTC) and the altcoins shredded all the profits they have amassed since the start of the year, leaving many in bearish sentiment.

Altcoin Crashes Against BTC

However, with the current surge, the price levels in the market have returned to the same ones in February, when Bitcoin traded above $9,200. BTC is leading the bull run, posting massive gains of up to 10.34% against the USD in the last 24 hours. At the time of writing, Bitcoin is trading in the $9,000 area.

As Bitcoin’s increasing in its USD value, so is its dominance, which currently stands at 65.7%, suggesting that altcoins are losing grounds. Indeed, alternative cryptocurrencies are all bleeding against Bitcoin as the entire market is painted red.

crypto_overview
Cryptocurrency Market Overview. Source: Coin360.com

Siacoin and Streamr DATAcoin Beat BTC

While almost all…

Source link

Tags:
, , , , ,