The crypto watch for this segment is finally taking off as the top 10 cryptocurrencies are now showing bullish growth over the last 30 years. Just a month ago, it was hard to pinpoint when and if these currencies would bounce back due to the hardcore bearish nature it once had.
Top 10 Cryptocurrencies
Almost all of the top 10 cryptocurrencies have been sinking in value until now when they have just recently recovered. $HEX, on the other hand, has still remained its interestingly bullish growth over the last 30 days while the other cryptocurrencies have been bearish in value.
Of course, when it comes to the top 10 cryptocurrencies, the list wouldn't be the same without the stable coings $USDT and $USDC. $USDT, however, is more widely used compared to $USDC. With the rise of $BTC once again, it seems like the other altcoins are finally catching on.
Bitcoin and $HEX
The price of Bitcoin naturally affects a large segment of the market as Investopedia notes that altcoins only account for 40% of the total cryptocurrency market. This, however, coincides with Statista that estimates Bitcoin owning 66% of the market.
Needless to say, this shows that Bitcoin indeed owns the majority of the market and whenever prices of Bitcoin are rising, it seems like the market would also follow. The same is being said with the prices of Bitcoin falling. There are, however, other cryptocurrencies like $HEX that have not been dictated by the movement of Bitcoin and have remained bullish despite a bearish Bitcoin.
Could the crypto market finally become bullish once again? It's too early to say if this is really going to be crypto's "to the moon." but as of the moment, the market has been showing impressive gains over the last 30 days. Although most of the top 10 cryptocurrencies were bearish over the last 24 hours, they have still shown mostly bullish gains in the past week. With NFT games increasing in value, it's interesting to see how other coins might end up on the top 10 list as seen on Telegram by WhaleBot Alerts.
Here are the top 10 cryptocurrencies ranked by 30-day % change:
1. $HEX
Price: $0.13
24 hour percentage change: +1.9%
7 day percentage change: -+5.5%
30 day percentage change: +53.7%
2. $ETH
Price: $3,014
24 hour percentage change: -4.6%
7 day percentage change: +17.6%
30 day percentage change: +41.2%
3. $BTC
Price: $43,841
24 hour percentage change: -1.7%
7 day percentage change: +9.5%
30 day percentage change: +30.0%
4. $DOT
Price: $19.69
24 hour percentage change: -6.2%
7 day percentage change: +6.7%
30 day percentage change: +27.5%
5. $XRP
Price: $0.78
24 hour percentage change: -4.3%
7 day percentage change: +7.5%
30 day percentage change: +23.4%
6. $DOGE
Price: $0.24
24 hour percentage change: -7.7%
7 day percentage change: +17.3%
30 day percentage change: +10.7%
7. $BNB
Price: $342.36
24 hour percentage change: -3.8%
7 day percentage change: +2.6%
30 day percentage change: +8.3%
8. $ADA
Price: $1.43
24 hour percentage change: -3.0%
7 day percentage change: +8.2%
30 day percentage change: +6.4%
9. $USDT
Price: $1.00
24 hour percentage change: +0.1%
7 day percentage change: -0.0%
30 day percentage change: +0.1%
10. $USDC
Price: $1.00
24 hour percentage change: -0.0%
7 day percentage change: -0.0%
30 day percentage change: -0.0%
Related Article: Top 10 Cryptocurrencies Recover from Bloody Bearish Volatility | $DOT and $BUSD Competes for Spot
This article is owned by Tech Times
Written by Urian B.
