Altcoins Follow the BTC Bull Rush
16 Apr, 2021 CryptoParrot
It was reported that Bitcoin has a bit of a resurgence in its latest rally. By crushing the $64k level, the king of crypto has claimed yet another level and a freshly made all-time high for its 2021 collection. However, not only Bitcoin has made news with its incredible performance: Other cryptos such as ETH and XRP are also breaking records and showing signs that the altcoins will not be left behind by the success of BTC.
With the NFT craze raging across the internet, Ethereum was bound to a boost in its importance and value. It is no surprise then to see the 2nd-biggest cryptocurrency breath new air with a $2.4k ATH on this Wednesday, showing more than 200% gains on its price since the beginning of the year.
On the other side of the altcoin arena, XRP, which many crypto enthusiasts considered dead in the water after a probe from the SEC resulting in a million-dollar lawsuit. However, the token from Ripple Labs. has been ruled out of accusations, and the currency is getting steam once again, with hopes of climbing back the 3rd place in the cryptocurrency world.
CryptoParrot
Crypto Parrot Community Mgr - Here to help answer questions, fix things & help out when needed. Got feedback? Send those bad boys here: [email protected]
Related articles
Bitcoin records 3x higher average trading volume in October than Apple, Amazon, Microsoft
After experiencing increased volatility in late September, Bitcoin (BTC) appears to be regaining its momentum towards another all-time high…
2mins 12 Oct, 2021 CryptoSlashyAlmost 5,000 new cryptocurrencies launched in the last 12 months
As the cryptocurrency industry continues to mature with mainstream adoption, investors are pumping more money into the sector contributing to the sector’s popularity.…
2mins 22 Sep, 2021 CryptoParrotEthereum adds over 38 million new addresses in 2021, 22% of all ever created
The Ethereum network plays a key role in the cryptocurrency circles, with the asset recording significant interest.…
2mins 14 Sep, 2021 CryptoParrotBlockchain-related job postings surge 118%, software development sector leads at 30%
The focus on cryptocurrency and blockchain technology has been growing in recent years as organizations explore how to leverage the industry’s full potential.…
2mins 31 Aug, 2021 CryptoParrotStart trading
Recommended crypto exchange
Buy & sell Crypto in minutes
Learn more