The price of Bitcoin ( BTC) continues to rise and is threatening to breakout upward after a brief consolidation period. The market-leading cryptocurrency is currently trading at 15,742 USDT on OKEx and is up 3.0% across global exchanges.
Major altcoins, however, have not shared in BTC’s current increase in valuation. The price of Ether (ETH) and XRP are both up less than 1%, while Chainlink (LINK) and Polkadot (DOT) are down 2.4% and 1.6%, respectively.
The total cryptocurrency market capitalization is currently up 2.3% over the past 24 hours and now sits above $460 billion, according to CoinGecko. BTC dominance, at the same time, has increased to 63.5% — up from yesterday’s 62.8%.
Global stock markets are generally showing confidence following news of positive developments regarding COVID-19 vaccine testing. A continued surge in investor confidence may also have positive effects on the BTC market.
Top altcoin gainers and losers
NULS/USDT +22.88%
MXT/USDT +15.64%
WING/USDT +14.57%
LET/USDT -18.09%
ETM/USDT -19.23%
ARDR/USDT -27.39%
NULS finds itself in the top spot among the best-performing coins and tokens on OKEx, with a gain of more than 20%. On the flip side, ARDR has performed the worst over the past 24 hours.
Visit https://www.okex.com/ for the full report.
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was originally published in OKEx Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
