Cryptocurrency

4 Altcoins Leading Today’s Market Rise

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A precious portion of the most valuable cryptocurrencies has increased today.

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According to crypto data aggregator Nomics, the prices of altcoins in the top 20, such as Ethereum (ETH), Cardano (ADA), Ethereum Classic (ETC) and Internet Computer (ICP), are 5% overnight in the crypto market. 21 grew together with a market capitalization of $ 1.52 trillion.

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Altcoins often follow the price of Bitcoin (BTC). When Bitcoin goes up, so does the rest of the market, and vice versa. This year, the cryptocurrency market collapsed with Bitcoin, following Bitcoin’s ATH level in April. Bitcoin is 3% in the last 24 hours. It is up 8% and is currently trading at $34,742.

But today, much more valuable gains have been made by altcoins. Cardano is 5% in the last 24 hours after Grayscale added the asset to the Digital Large Cap Fund. It rose 7 percent to $1.43.

Ethereum, the second largest cryptocurrency by market price, is up 5% in the last 24 hours. It rose 6 percent to $2,229.

It was quite worthwhile when the former White House liaison officer Anthony Scaramucci announced that his company, Skybridge Capital, would set up a private Ethereum fund to supplement the $25 million Bitcoin fund.

Internet Computer also continued to rise steadily. The asset, which managed to attract the attention of the community with its level reaching $ 700 after being listed on Coinbase Pro, has always been on a decline since then. The asset fell to its lowest level at $28.53 on June 26.

But then it started to rise again. 49% in the last week. 6, and 9% in the last 24 hours. ICP, which increased by 3 percent, is trading at $ 46.91 at the time of writing.

Ethereum Classic also took its place in the middle of the tokens that increased its value among the top 20 cryptocurrencies. 47% in the last 7 days. The asset increased by 1 and 6% in the last 24 hours. It has increased by 8 percent. ETC is currently trading at $56.75.

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