Market Musings

As Bitcoin Surges, How Have Other Altcoins Been Performing?

Published on:
December 16, 2020

XRP enthusiasts will be breathing a sigh of relief, with the No.3 cryptocurrency outperforming Bitcoin today.

As Bitcoin Surges, How Have Other Altcoins Been Performing?

Table of Contents

The total crypto market cap has now exceeded $600 billion, there are more than 8,000 cryptocurrencies in existence, and Bitcoin is trading at record highs. It’s a wild time for the digital assets sector right now.


But beyond Bitcoin, which has gained 7.25% in the past 24 hours at the time of writing, how have other cryptocurrencies been performing?


Well, it’s a sea of green in the altcoin markets right now — with stablecoins as an exception.


Several cryptocurrencies have actually posted bigger gains than Bitcoin during the past 24 hours.


XRP is up by 10.70% — taking it safely above that all-important $0.50 threshold that it has been threatening to crash through in recent days. It’s still down 4.32% on the week.


Litecoin has risen by 9.80% too, meaning it’s close to vaulting beyond the $90 mark. Prices this high haven’t been seen since the summer of 2019.


Gains have been far more muted for the likes of Bitcoin Cash, Chainlink, Polkadot and Binance Coin — and although Monero has surged by 17.15% in the past week, it’s up just 0.73% over the past 24 hours.


Subscribe to Our Newsletter!

Plenty of analysis about Bitcoin’s latest drama in our newsletter, along with all of the today’s other top stories. Subscribe here.


Decentralized Dog

I'm just your average dog... Only decentralized; also... I'm not your average dog.

Join the thousands already learning crypto!

Join our free newsletter for daily crypto updates!

Email submitted!
Oops! Something went wrong while submitting the form.

Related Articles