Bitcoin Price continues Bull Run while Altcoins dip

Mainstream media and other news outlets are buzzing with the news that bitcoin is reaching new highs.  In an article by Reuters, they state that Bitcoin hit a record $1,760.40 BTC=BTSP on the BitStamp platform and was last at $1,747.89, up 6 percent on the day. So far this year, bitcoin has surged nearly 80 percent. Bitcoin’s market capitalization on Tuesday soared to $52.5 billion, according to data from  


Read more:  Bitcoin surges to all-time high above $1,700

Altcoins are taking a dip as reported by  – As far as the top ten cryptocurrency market caps below bitcoin, most all of them have seen price dips over the previous 12 hours. Ethereum (ETH) prices have dropped to a low of $88 per ETH, but still holds $8 billion in market capitalization.


Ripple (XRP) has seen an enormous jump over the past 48 hours as the price hit an all-time high of $0.23 cents per XRP. The Ripple market had also temporarily eclipsed the Ethereum market for a short period taking the number two position. However, Ripple’s prices have since dipped to a low of $0.17 cents per token.


The rest of the coins in the top ten are seeing price declines between 5-30 percent over the past 24 hours. Litecoin (LTC) is $27, NEM $0.11, Dash $90, Ethereum Classic (ETC) $6, Monero (XMR) $28, Stellar (XLM) $0.02, and Steem is back at $0.80 per token.

Why is there a dip in the altcoin market?  Read more:  Kraken and Poloniex DDoS Leads to Trader Losses

Read more:  Bitcoin Price Eyes $1,800, Altcoin Rout As Poloniex Feels Strain

Read more:  Bitcoin Price Hits $1750 as Trade Volumes Continue to Soar

Read more:  Bitcoin Investing – Bitcoin Price Boom Attracting more big Investors

Read more: What is Driving the Bitcoin Price?

Read more:  How to Exchange Bitcoin to Altcoins and Vice Versa

Read more:  Getting started with Bitcoin






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