Bytecoin increases price during main cryptocurrency recoil

In the middle of a day of general fall in the prices of the criptomonedas, with effects on several of the assets with greater relative weight in terms of capitalization, Bytecoin surprised with a jump of more than 38% in its price level against the current.

At the time of writing, the cryptomoneda that occupies the twelfth place of the ranking accumulates a rise of exactly 47.50% in its quotation up to 0.27 cents amid a moment of market contraction, although with less intensity to the downturn that registered The last weekend and the following days. This behavior marks an interesting contrast with respect to the general behavior of the main virtual assets that are influenced by a certain discouragement among the investors.

Earlier, Bytecoin was able to accumulate an increase of more than 50% in value, with a market capitalization that exceeds $ 471 million and more than $ 4.9 million in transactions accumulated throughout the day; Mainly through the exchange houses HitBTC and Poloniex.