Bitcoin Neared $27K But These Altcoins Are Outperforming BTC: Market Watch

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SOL, ADA, and TON are the top performers from the larger-cap alts, followed by XLM, HBAR, and ICP.

After days and days of trading sideways without any movements upwards, bitcoin finally went on the offensive in the past 24 hours and came close to $27,000.

Nevertheless, the primary cryptocurrency has been outperformed by the likes of SOL, ADA, TON, MKR, and more.After last week’s massacre that brought bitcoin from about $29,000 to $25,300 within a single day, the asset started to show enhanced signs of stagnation. The next several days, including the typically less volatile weekend, were quite boring, with BTC standing at around $26,000.the losses almost immediately.

As such, it had calmed at around $26,000 before the bulls stepped on the gas pedal and pushed it north by $800. This resulted in a 6-day high of $26,800.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:As of now, BTC has lost some steam, but it’s still over 1% up on the day.

The landscape today seems more positive, with green dominating the charts. Ethereum is close to $1,700 after a 1.7% increase, BNB has tapped $220 following a 2.5% jump, while XRP has maintained $0.5 after a 1.5% pump. Cardano, Solana, and TONCOIN have performed even better, with gains of up to 4% in the case of SOL, which is now well above $20.The total crypto market cap has added over $10 billion daily and sits above $1.060 trillion now.

 

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