Altcoins News
By Steven Anderson
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Bitcoin holds around $74,000 today. The world's biggest cryptocurrency hit a six-week peak of $76,000 last week before getting smacked down hard by selling pressure and…
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The digital asset pretty much crashed to nearly $70,000 during that mess, but it's climbed back up as traders returned Monday morning. Bitcoin's market cap sits at roughly $1.
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Ethereum keeps trading above $2,300, which is kind of impressive given how volatile things got over the weekend. XRP also holds steady above $1.
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But here's where things get interesting. SIREN just broke into the top 90 cryptocurrencies by market cap after a massive 300% surge over the past month.
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Other altcoins had mixed results. XMR, CC, and SKY all dropped today, while ZEC managed a 3% gain to reach $276.
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The total crypto market cap stays above $2.6 trillion. That's a pretty solid foundation, even with individual coins bouncing all over the place.
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SIREN's climb into the top 100 caught most traders off guard. A 300% monthly gain doesn't happen every day, especially for a coin that wasn't on many people's radar until recently.
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Bitcoin's ability to bounce back from $70,000 to $74,000 shows there's decent support at these levels.
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Ethereum's resilience above $2,300 matters more than people think. The second-biggest crypto has been pretty stable lately, which gives traders confidence to play around with…
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XRP staying above $1.50 is notable because it faced some serious selling pressure earlier this month.
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The altcoin space is getting weird. While major coins like Bitcoin and Ethereum trade sideways, smaller tokens like SIREN are going absolutely nuts.
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ZEC's 3% gain to $276 makes sense given the privacy coin narrative that's been building. Regulators are cracking down on transparent blockchains, so privacy-focused tokens might…
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The $2.6 trillion total market cap is impressive, but it's been stuck in this range for weeks now. Bitcoin dominance at 56.
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Market makers have been pretty quiet today. No major institutions put out research notes or price targets.
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SIREN's rise reminds everyone that crypto markets can still produce massive winners overnight. The token wasn't even in the top 200 a month ago.
The Currency Analytics
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