Bitcoin breaks $12K and still looking strong, Altcoins again lag behind

09 Jul, 2019 | Updated: 09 Jul, 2019
by David Borman
Price Action
Bitcoin breaks $12K and still looking strong, Altcoins again lag behind

Today saw another solid pump for the Bitcoin price as it broke above $12,000 again and for now at least looks to be holding the level. Though as always there were some outstanding exceptions, many Altcoins couldn't keep pace with Bitcoin, again.

Coin Market Capitalization/Bitcoin Dominance

As of this writing, the total market cap is sitting at $343,993,736,382, up from around $327 billion earlier in the day. Bitcoin dominance is again rising, now up to 63.4%.

Current price of Bitcoin: $12,240.79.

BTC/USD Chart provided by Tradingview

Top 10

The only coin out of the top 10 to not show green today was TRON, likely due to the unfortunate events earlier today involving the company, and is now down only -0.94% and currently at $0.034. Bitcoin itself was definitely leading here, but other solid coins were Litecoin (LTC), coming up 2.32% to $122.67, and Ethereum (ETH), with a 2.07% ascent to $311.61.

Biggest Winners/Losers

Looking to the top 100, we see more variety in action. As for downside, hardest hit was Komodo (KMD) now down -11.61% to $1.51, as well as Waltonchain (WTC) dropping -11.54% to $2.22. There was of course plenty of green, however, and for that Japan Content Token (JCT) was up 77.54% to $0.246 and Quant (QNT) saw a nice 31.92% upside to land at $15.21.

As we head deeper into the week, can Bitcoin keep up its growth? Or will Altcoins finally get their day in the sun? Stick with Chepicap for all updates!

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