These Alts Surge by Double Digits as Bitcoin (BTC) Calms After New All-Time High (Market Watch)

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Bitcoin shot up to yet another all-time high of around $76,500 earlier today but has lost some traction and now hovers at approximately $75,000.

The altcoins have taken the main stage today, as Ethereum jumped by 8% and exceeded $2,800 for the first time in months, while PEPE and AAVE have tapped double-digit increases.It’s only Thursday, but this week has already become historical for the cryptocurrency markets. Bitcoin retraced hard on Monday, dropping to under $67,000 in anticipation of the US presidential elections. This meant that the asset had lost over five grand within less than a week.

 

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