Bitcoin Keeps Flirting With $27K, but These Alts Performed Better (Market Watch)


19 Sep 2023 8:52 AM

Bitcoin pumped and retraced amid the $27K level, while XRP, SOL, and LTC have outperformed it....

  • Bitcoin reached a 19-day peak above $27,000 but has not yet reclaimed that level.
  • Altcoins are performing well, with XRP, SOL, and LTC outperforming Bitcoin.
  • The total crypto market cap has recovered over $70 billion since last Monday's crash.
  • Bitcoin experienced a sharp drop to a two-month low but quickly recovered.
  • News of a spot BTC ETF filing from a traditional financial giant contributed to Bitcoin's pump.
  • Bitcoin briefly surged to $27,400 but lost momentum and currently sits around $27,000.
  • The market capitalization of the crypto market has surpassed $525 billion, with Bitcoin dominance at 49.1%.
  • Most alternative coins experienced pumps but couldn't sustain significant increases.
  • Ethereum, Binance Coin, Dogecoin, Tron, and Shiba Inu are up by about 1%.
  • Cardano, TONCOIN, and Polygon have added around 1-2%.
  • Ripple, Litecoin, Chainlink, and Solana have jumped by more than 2%, with SOL gaining over 4%.
  • XEC is the top performer, surging by 15%.
  • The total crypto market cap has increased overnight and now exceeds $1.070 trillion.

The overall sentiment of the article is positive, highlighting Bitcoin's recovery and the performance of altcoins in the market.

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You May Ask

What was Bitcoin's highest price in the past 19 days?Which altcoins have outperformed Bitcoin?How much has the total crypto market cap recovered since last Monday's crash?What contributed to Bitcoin's pump above $26,000?Which altcoin is today's top performer?

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