In these Sunday’s altcoin news we can see that almost all of the top 20 cryptocurrencies are showing slight losses and Bitcoin is trading under $3,600 again according to the new data at the time of writing.
Bitcoin (BTC) is nearly 2 percent down and is trading at around $3,573 and by looking at the weekly charts; the current price seems to be $100 lower than where the price was standing at the start of the week.
Ripple (XRP) is somewhat the same losing 2.5 percent of its value over the past 24 hours and is trading at around $0.308. The current price, if we compare it to the start of the week, it’s lower than $0.325 which is where it was last Monday.
The second-largest cryptocurrency by market cap Ethereum (ETH) has also reported some losses by about 2 percent over the past 24 hours and is now trading at $113. When the week started the price of Ethereum was $121.
Some of the cryptocurrencies that are seeing some growth are TRON which is up by almost 9 percent and also the Binance Coin (BNB) is up by more than 2 percent. For TRON, the past two months were great. In the month of January, TRON outperformed both Bitcoin and the US Dollar and since December 15th, managed to increase from $0.0129 to $0.0303 which is more than 134%.
The current combined market cap of all cryptocurrencies is close to $119 billion which is a little lower than the $121 billion reported just seven days ago.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]