Bitcoin remains the most influential cryptocurrency, but over 7,000 cryptocurrencies and other digital assets exist.
Ethereum is leading what is known as Altcoins, and it is the second-largest cryptocurrency by market capitalization. Bitcoin and Ethereum both suffer from excessive network fees and scaling problems, and the third generation of cryptocurrencies is where the most significant potential emerges. They incorporate fixes to existing issues and continue to gain market share in one of the most competitive sectors. Adoption gathers pace, but global regulators pose a threat and challenge to all assets in this class. Binance Coin, owned by cryptocurrency exchange Binance, stablecoin Tether, Cardano, Polkadot, XRP, Uniswap, and Litecoin are some of the more prominent cryptocurrencies to monitor. There are dozens of other exciting projects, from privacy coin Monero to rising star Dogecoin, Tron, Cosmos, Neo, BAT, and QTUM. Rather than trying to be everything to everyone, like Bitcoin and Ethereum, third-generation cryptocurrencies address specific challenges and offer a real-world application today. The growth of decentralized apps or dApps and non-fungible tokens (NFPs) add another layer of in-demand solutions to existing issues, making crypto excluding Bitcoin an attractive but volatile sector with tremendous potential for investors and traders alike
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ZCash has rallied ever so slightly during the trading session on Wednesday as we continue to pay close attention to the $100 level.
AVAX/USD has reversed higher after hitting significant lows yesterday, and speculators now need to focus on technical resistance and market sentiment.
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The Ethereum market did initially fallen during the trading session on Tuesday to reach down towards the crucial and psychologically important $2500 level.
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Solana bounced ever so slightly during the session on Tuesday as the $80 level has offered significant support previously and showed itself to be relevant again.
DOGE/USD has fallen to significant short term lows as the price of the speculative cryptocurrency moves quickly around 0.12750000 cents as of this writing.
ETH/USD has fallen sharply in early trading this morning, which has sustained Ethereum’s bearish short and mid-term trends.
The Monero market initially tried to rally on Monday but gave back gains to slam into the $150 level.
The NEO/USD market fell significantly on Monday as it looks like we are going to fall and reach towards the $20 level.
SOL/USD created fresh short term lows on Saturday, as Solana has largely mirrored nervous sentiment being generated in the broad cryptocurrency marketplace.
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ADA/USD has taken a turn for the worse regarding its value, as it has broken through long-term lows and is challenging values not seen in one year’s time.
Ethereum initially tried to rally during the trading session on Friday but turned around to show signs of weakness.
Ripple did very little during the trading session on Friday as we continue to see the $0.75 level offering support.
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Sign up to get the latest market updates and free signals directly to your inbox.The Ethereum market has fallen rather hard during the trading session on Thursday, as we continue to see a lot of “risk off” behavior around the world.
Monero has gotten hammered during the trading session on Thursday right along with the rest of crypto as risk assets across-the-board were sold off.
MATIC/USD has climbed higher over the past couple of days, and has maintained a stronger short term price range which could ignite bullish speculation.