Santiment, a leading crypto market intelligence firm, took to Twitter yesterday to report on the impressive showing of altcoins during Thursday’s trading session. The post highlighted the exceptional performances of Ethereum (ETH) and other altcoins, which reduced Bitcoin’s (BTC) dominance. This data provides valuable insights for investors and traders looking to stay ahead of the ever-evolving crypto market.
The cryptocurrency market saw a surge in activity as ETH broke the $2k barrier for the first time in 8 months. Alongside this, altcoins such as Arbitrum (ARB), Aptos (APT), HEX, and Rocket Pool (RPL) experienced significant gains. BTC also saw a positive performance, trading above the $30k mark at $30,791.27 after a 2.36% increase over the last day. However, the market leader was overshadowed by the impressive performances of various altcoins. Overall, the cryptocurrency market is showing promising growth and potential for investors.
ETH has experienced a remarkable surge, with its value soaring by over 9% in just 24 hours, currently at an impressive $2,111.97. Notably, ETH has also demonstrated its resilience against BTC, with a 5.41% increase in strength. As per CoinMarketCap, the altcoin leader has maintained its upward trajectory, boasting a remarkable 13% growth over the past seven days.
The value of APT has surged by over 9%, with the current trading price standing at $12.78. Impressively, the token reached a peak of $13.42 during this period.
Two cryptocurrencies that have garnered attention are ARB and RPL, as both have experienced impressive gains of over 20% in the past day. ARB’s remarkable 21.92% surge has propelled its weekly performance even higher, with a current increase of over 27% in the last seven days. These notable developments in the altcoin market have certainly caught the eye of investors and traders alike.
RPL’s weekly performance is currently thriving with a remarkable +13.66% increase. The 24-hour trading volume is also flourishing in the green zone, at $31,876,076, a staggering 60% surge since yesterday. These impressive figures testify to RPL’s robust market presence and unwavering commitment to excellence.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
