Skip to content
Real Cryptocurrency Hub

Real Cryptocurrency Hub

Crypto Comeback Pro is an auto trading platform that allows you to invest in the crypto market and start making money right away. Sign Up HERE

  • Home
  • Start Trading
  • English
    • English
    • Español
    • Italiano
    • Polski
    • Svenska
    • Deutsch
    • العربية
  • News
    • Mining
    • Bitcoin (BTC)
    • ATM
  • Guides
  • How To’s
  • Exchange/Wallet
  • Brokers
  • Bitcoin Price Prediction
  • ✉ Contact
  • Home
  • Bitcoin (BTC)
  • Bitcoin Extends Bullish Run While Other Altcoins Struggle
  • Bitcoin (BTC)
  • Crypto News
  • Crypto Token

Bitcoin Extends Bullish Run While Other Altcoins Struggle

Lucas Duffy December 31, 2020 2 min read

Bitcoin investors will be extremely happy with the turn of events in recent days, thanks to the cryptocurrency’s bullish run. The digital asset has been doing impressively well since the start of the festive period, recording an all-time high of USD 29,200.

Having reached over $28,500 previously in the week, the digital asset experienced another great surge in value on Wednesday. Should the bulls maintain its newfound transaction prowess, it won’t be any surprise if it reaches $30,000 in the nearest future. Unfortunately, the same can’t be said about other altcoins in the crypto space.

Ethereum EOS, XLM, LINK, BNB, TRX, bitcoin cash, DOT, Litecoin, and ADA are struggling to find their momentum. They look very far from exceeding the $745 or $750 price tag.

XRP showing bullish signs in the market

XRP investors will be relieved to hear that the digital asset seemed to be recovering from its recent loss of support from top-ranked exchange platforms as it established a support base above USD 0.200 in the last 24 hours. The past few days haven’t been too suitable for the XRP investors after many exchange platforms, including OkCoin and Coinbase, disclosed their decision to stop XRP trading.

Bitcoin price has been increasing since the start of the month, and experts expect the thread to remain the same for many days to come. The digital asset recorded a new increase in price, and it is presently valued at $29,300.

However, it could experience a brief downfall in price, just like we saw on Wednesday when it falls from $29,300 to $29,000 before it eventually stables at $29,300 towards the end of the day.

Other altcoins suffer a small crash

Ethereum’s price hasn’t been stable for a few days as it ranges from $745 and $750. It might likely experience a slight increase in price, which will see it range from $788 to $800 in the coming weeks. However, Ethereum’s present price was $720 by the close of all transactions last night.

Bitcoin Cash (BHC) is slightly above the $350 level, although it is tipped to gain an improved momentum, which will likely see its financial value rise to $360 or $388 in the next few weeks. Litecoin (LTC) experienced a 2% decrease in its trading value on Wednesday. It is currently valued at $130, and we believed it could experience a sharp decline in the next workdays.

Contrary to Litecoin, XRP price saw a massive 5% increase in price, bringing its trading value to more than $0.200 supports. Many will hope to see XRP gain more momentum to recover some of its lost financial value in the crypto world. As we head closer to the end of the year, experts are tipping some Altcoins to improve their financial value before the start of the next trade year.

Lastly, WAVES, XLM, ICX, SNX, NEXO, SC, OMG, DASH, XTZ, REP, KNC, and ATOM all suffer at least a 5% decrease in price, while WAVES saw its price reduced by 8% as it is presently costs $6.45.

Post Views: 580

Continue Reading

Previous: Binance Launches more Options for Europeans for Bilateral Bitcoin
Next: 2 Million Dollar Investment From Nextech Joins Bitcoin Treasury

Related Stories

Crypto Broker Genesis Slashes Workforce and Announces CEO’s Exit
2 min read
  • Brokers
  • Crypto News

Crypto Broker Genesis Slashes Workforce and Announces CEO’s Exit

August 18, 2022
Galaxy Digital Terminates Bitgo Acquisition Deal
3 min read
  • Crypto Marketplace
  • Crypto News

Galaxy Digital Terminates Bitgo Acquisition Deal

August 17, 2022
Bank Of Russia Intends To Launch Digital Ruble In 2024
3 min read
  • Crypto News

Bank Of Russia Intends To Launch Digital Ruble In 2024

August 16, 2022

Read our disclaimer

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$21,348.00
-8.84%
ethereum
Ethereum (ETH)
$1,698.44
-9.45%
tether
Tether (USDT)
$1.00
0.07%
usd-coin
USD Coin (USDC)
$1.00
-0.02%
binancecoin
BNB (BNB)
$285.41
-6.23%
ripple
XRP (XRP)
$0.343899
-9.36%
cardano
Cardano (ADA)
$0.464119
-12.53%
dogecoin
Dogecoin (DOGE)
$0.069643
-10.89%
polkadot
Polkadot (DOT)
$7.48
-10.94%
Uniswap
Uniswap (UNI)
$7.11
-10.06%

Recent Posts

  • Crypto Broker Genesis Slashes Workforce and Announces CEO’s Exit

    Crypto Broker Genesis Slashes Workforce and Announces CEO’s Exit

    On Wednesday, digital asset broker Genesis made several announcements, the first of which was that its chief executive
  • Galaxy Digital Terminates Bitgo Acquisition Deal

    Galaxy Digital Terminates Bitgo Acquisition Deal

    Mike Novogratz, the founder and chief executive, of Galaxy Digital Holdings, announced that the company had chosen to
  • Bank Of Russia Intends To Launch Digital Ruble In 2024

    Bank Of Russia Intends To Launch Digital Ruble In 2024

    A paper detailing the priorities of the Russian central bank for its monetary policy between the 2023 and
  • Class-Action Lawsuit Accuses Robinhood Of Market Manipulation

    Class-Action Lawsuit Accuses Robinhood Of Market Manipulation

    A class-action lawsuit was recently filed against Robinhood, which supports stock and crypto trading, and the platform has
  • JP Crypto Review – a Recommended Crypto Broker

    JP Crypto Review – a Recommended Crypto Broker

    JP Crypto Review Suppose you are interested in trading cryptocurrencies but are hesitant to do so due to

Start Trading

Categories

Top Posts

  • CoiniWelt Review – Evaluating the Company’s Features

    CoiniWelt Review – Evaluating the Company’s Features

    CoiniWelt Review In the last few decades, technology has completely revolutionized the financial landscape. There was a time
  • Price Analysis of ZDC, FREN, PLC, and THOR

    Price Analysis of ZDC, FREN, PLC, and THOR

    According to the price analysis report for Zodiacs (ZDC), its price has experienced a 91.90% surge, moving up
  • Coinbase Can Face Price compression at the Long Run, Armstrong Says

    Coinbase Can Face Price compression at the Long Run, Armstrong Says

    The CEO, Brian Armstrong, expects that Coinbase Can Face Price compression in the Long Run. He believes that
  • South Korean Tax Authorities Extend Deadline for Complying with New Laws

    South Korean Tax Authorities Extend Deadline for Complying with New Laws

    For months, South Korea has been facing some significant difficulties with its crypto tax laws. Exchanges have proven
  • Crypto Prices Leap After OCC Letter

    Crypto Prices Leap After OCC Letter

    In a new report gathered yesterday from the U.S Office of the Comptroller of the Currency (OCC), the

Archives

You may have missed

Crypto Broker Genesis Slashes Workforce and Announces CEO’s Exit
2 min read
  • Brokers
  • Crypto News

Crypto Broker Genesis Slashes Workforce and Announces CEO’s Exit

August 18, 2022
Galaxy Digital Terminates Bitgo Acquisition Deal
3 min read
  • Crypto Marketplace
  • Crypto News

Galaxy Digital Terminates Bitgo Acquisition Deal

August 17, 2022
Bank Of Russia Intends To Launch Digital Ruble In 2024
3 min read
  • Crypto News

Bank Of Russia Intends To Launch Digital Ruble In 2024

August 16, 2022
Class-Action Lawsuit Accuses Robinhood Of Market Manipulation
2 min read
  • Crypto News
  • Cryptocurrency/Cryptocoin

Class-Action Lawsuit Accuses Robinhood Of Market Manipulation

August 15, 2022
  • Kraken
  • OrbitGTM
  • Fxoro
  • KuCoin
  • Huobi
  • Bitfinex
  • PrimeXBT
  • CTmatador
  • DXCBIT
  • PrimeHolders
  • CMC Markets
  • XCGIN
  • Virtual Payout
  • Gamma Capitals
  • Towards Soure
  • CoinsMarkets
  • ArgoTrade
  • Global Solution
  • CTProz
  • Alfabtc
  • JP Crypto
Copyright © All rights reserved. | DarkNews by AF themes.
  • bitcoinBitcoin(BTC)$21,348.00-8.84%
  • ethereumEthereum(ETH)$1,698.44-9.45%
  • tetherTether(USDT)$1.000.07%
  • usd-coinUSD Coin(USDC)$1.00-0.02%
  • binancecoinBNB(BNB)$285.41-6.23%
  • rippleXRP(XRP)$0.343899-9.36%
  • cardanoCardano(ADA)$0.464119-12.53%
  • SolanaSolana(SOL)$37.06-9.48%
  • dogecoinDogecoin(DOGE)$0.069643-10.89%
  • polkadotPolkadot(DOT)$7.48-10.94%
  • UniswapUniswap(UNI)$7.11-10.06%
  • bitcoin-cashBitcoin Cash(BCH)$118.20-11.28%