Bitcoin’s price fell on Sunday, losing more than 6% over the past 24 hours, but a myriad of other currencies have made significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum and monero have increased in value, while bitcoin has had a decent drop.
** This post was updated to reflect the recent bitcoin (BTC) price change at 15:33 (EST) on Sunday, January 10, 2021.
- Bitcoin (BTC) fell to $ 37,194 on Sunday, January 10, 2021, after reaching its peak a day and a half earlier. Currently, BTC has dropped more than 6.4% and is trading at $ 38,239 per unit during Sunday afternoon (EST) trading sessions.
- On Saturday and Sunday, while BTC was consolidating, ethereum (ETH) jumped to a price hike of $ 1,340 per currency in 2021. ETH is still above 4% today and is trading for $ 1,285 per token on Sunday.
- Another cryptocurrency that has made significant gains this weekend is bitcoin cash (BCH), which has risen 14% today. However, yesterday the BCH rose more than 30% and traded at a 2021 high of $ 625 per unit. Bitcoin cash (BCH) is currently trading for $ 612 per currency and has a market cap of around $ 11.2 billion.
- Litecoin (LTC) did very well on Saturday as well, reaching $ 185 per unit and today the currency is being exchanged for 170 for LTC. The crypto asset LTC fell just 1% in the last 24 hours and commands a market capitalization of around $ 11.3 billion on Sunday.
- Another strong runner this weekend in terms of earnings is the monero market assessment (XMR). The XMR jumped to $ 174 per currency and the crypto asset is still above 18% on Sunday. Data from markets.Bitcoin.com shows that the overall market valuation for monero is only $ 3 billion today.
- The top five winners on Sunday saw gains between 40% to 91% and include currencies like stakenet, bitcoin diamond, ethereum classic, ultrain and horizen. The biggest losers on Sunday include appcoins, nexus, navcoin, everex and golem, as assets lost between -19% to -30% in value today.
- After the all-time high for the BTC pushed the Bitcoin Dominance Index (BDI) to 70% recently, recent peaks in the value of other currencies have lowered the BDI to 68%.
- At the time of publication, the entire market cryptography economy was still valued at over 1.03 trillion US dollars. The general market capitalization is still above 7%, despite the losses that BTC has had during the last 24 hours.
- ** Update: Since this post was published at 2:46 pm (EST), the price of bitcoin (BTC) has dropped to a low of $ 34,322 per unit. At 3:33 pm, the price is hovering around $ 36,660 per currency. The rest of the crypto-economy also saw some decent percentage losses after the BTC fell below the $ 35,000 range on Sunday.
Check out all the latest cryptocurrency pricing actions in real time at markets.Bitcoin.com.
What do you think of the coins that have made significant gains while bitcoin prices have plummeted? Let us know what you think about this in the comments section below.
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