Market Boom: The 10 Largest Cryptocurrencies Are All Up Today
Even as bitcoin surged above $1,500 late last night – and crossed the $1,600 on several exchanges this afternoon – the rest of the top 10 cryptocurrencies as listed by market capitalization have seen price increases of at least 8% today.
Ripple's XRP token is emerging as the early winner, rising more than 40%, with an average price of about $0.079 across exchanges. Likewise, litecoin – which has already seen significant price rises in recent days ahead of an expected adoption of the scaling solution SegWit – is up about 22% on the day.
At press time, the Bitcoin Dominance Index, a measurement of the percent of the total market cap invested in bitcoin, had fallen below 60% for the first time in its history.
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