Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

Cardano and XRP Join List of Crypto Assets Outpacing Bitcoin (BTC) As Analyst Warns Altcoin Season May Face Abrupt Ending

by Daily Hodl Staff
July 12, 2020
in Altcoins, Bitcoin, Ripple and XRP
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

Cardano’s impressive 2020 rally has resumed as Ripple’s native token XRP joins the list of crypto assets outpacing Bitcoin (BTC).

Headlining the weekly list of best-performing cryptocurrencies with a market cap of $1 billion or higher is Stellar Lumens (XLM), with gains of over 42% in the last seven days, according to Coin360. Taking the second spot is decentralized oracle network ChainLink (LINK) after skyrocketing over 30% in the same stretch. Supply chain management protocol VeChain (VET) grabs the third spot soaring 29.26%.

Cardano (ADA) lands at number four posting gains of over 28%, followed by Tezos (XTZ) and Bitcoin Satoshi Vision (BSV) with growth of 19.15% and 18.54%

Sitting at number seven is utility coin Binance Coin (BNB) after climbing 15.64%. At number eight is Ripple as it records an increase of over 14%. Completing the top ten list are privacy coin Monero (XMR) and digital content entertainment system protocol TRON after surging 9.96% and 9.77%.

Bitcoin is down 0.16% in the last seven days at time of writing.

While large-cap altcoins are flexing their muscles, not all analysts believe that bulls will remain in control in the near term. A popular strategist known in the industry as CryptoAmsterdam tells his 15,000 Twitter followers that he believes the end of the altcoin season is in sight.

“I do think the altcoin party will end very soon… [Bitcoin] dominance [at] weekly support. BTC ranges for 70+ days. BTC volatility at lows only seen four times since 2017. These lows were followed up by 50%-250% BTC moves. Q3 has been bearish historically.”

Meanwhile, fellow analyst Nicholas Merten believes a long-term altcoin bull run may be underway after the collective altcoin market broke a key line of resistance against BTC. Cardano is the one altcoin that he’s worried may soon retreat after its remarkable rally from 3 cents at the start of 2020 to its current price of 12 cents.



Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Crypto Livewire – Press Releases

  • How Traders Are Gaining by Holding Crypto: Staking Tron (TRX) and Cardano (ADA)
    January 21, 2021
  • QuiverX to Integrate Chainlink Proof of Reserve To Power Transparent, Decentralized Crowdfunding
    January 15, 2021
  • The Online Family Office and High Net Worth Blockchain Conference
    December 22, 2020
  • How Blockchain Empowers Wuhan’s Digital Economy Growth – World Blockchain Conference
    December 14, 2020
  • SnapEx Adds LINK, BNB and TRX Alongside Sign-Up Bonus on a Sleek New App
    December 11, 2020
Submit a Guest Post
Bitcoin
$32,455.00
$32,455.00
3.61%
Ethereum
$1,228.33
$1,228.33
0.33%
XRP
$0.274281
$0.274281
0.93%
Litecoin
$139.29
$139.29
3.84%
Bitcoin Cash
$439.35
$439.35
0.99%

Spotlight

  • Crypto Whale Moves $1.1 Billion of Ethereum-Based Asset SNX, Pays Just $7.45 in Fees
    January 16, 2021
  • Top Analyst Says One Crypto Asset Could Follow Aave’s Astronomical 58,000% Breakout
    January 20, 2021
  • DeFi and the Bitcoin Bull Run Trajectory: CoinGecko Report
    January 17, 2021
  • Crypto Regulation Will Accelerate Stampede of Money Into Bitcoin, Says Michael Saylor
    January 21, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2020 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.