The Number One Cryptocurrency Stands Strong Over $5,270

The number one cryptocurrency reports a slight increase of one percent during the day and is trading at $5,276. Other altcoins, on the other hand, see mixed signals capped fewer than 2% so we read more in today’s coming altcoin news.

BTC-the number one cryptocurrency is up by five percent by looking at the weekly chart. It reached a previous position at $5,342 but is now trading around $5,275.

If we take a look at some of the other major cryptocurrencies, we can see that Ethereum (ETH) is clinging to its position as the largest altcoin by market cap nearly $18.3 billion. The data from CoinMarketCap shows that Ethereum increased by half a percent over the past day. Rather than the number one cryptocurrency (BTC), over the week ethereum increased up to 6 percent.

Another one of the largest cryptocurrencies Ripple (XRP) is slightly down by half a percent over the past 24 hours. The cryptocurrency is the second largest cryptocurrency but on the contrary to the number one cryptocurrency, Ripple is trading around $0.329. The data shows that the coin is up by 1.2 percent over the week as we previously updated in our altcoin news.

Among the top twenty cryptocurrencies by market cap, the biggest gains had what other than the Binance Coin (BNB). In the previous data analysis, the coin was still among the top cryptocurrencies with the most notable price action and increase in price. It is currently ranked at the seventh position which after it increased up to three percent over the weekend. The Binance Coin increased up to 33 percent over the week which is still a lot more than the number one cryptocurrency.
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Currently, the total market capitalization of all cryptocurrencies is summed up to $181 billion. This is a four percent increase from the value a week ago. As previously reported during the week, according to surveys, out of 1,000 American retirees who are older than 50 years old, nearly 56 percent of the respondents answered they were aware of the number one cryptocurrency. However, most of the retirees are not interested in investing in BTC while 2.7 percent claimed to have invested in BTC.